Huge Group, which has been fighting to take over Adapt IT’s business for the past six months, says it still has a shot at winning the battle even as the software group’s shareholders voted in favour of a R1bn rival offer from Canadian group Volaris.

Just more than 87% of shareholders voted in favour during a meeting on Wednesday, putting Volaris a step closer to taking over the technology group founded by Sbu Shabalala and giving it a foothold on the continent...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now