Niveus may delist after HCI offers to buyout minority shareholders
Hosken Consolidated Investments has offered R2.40 for Niveus shares, a discount of 3% from the company’s closing price on Thursday
27 September 2019 - 09:19
Hosken Consolidated Investments (HCI) has made a cash offer for the shares of Niveus Investments that it does not already own.
HCI’s offer of R2.40 represents a 3% discount to Niveus’s share price on Thursday, though it represents a 24% premium to the volume weighted average price over the 30 business days to September 25...
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