Business rescue practitioner to apply for state nod to Mango deal, MPs told
Department of public enterprises will assess if the proposed investor is credible, and whether the offer makes commercial sense, Melanchton Makobe says
14 September 2022 - 18:40
An application will be made shortly to the department of public enterprises to evaluate the offer by a potential investor to purchase the state-owned, low-cost airline Mango, which is in business rescue.
It was reported last month that a consortium had made an offer to purchase the airline, a subsidiary of SAA, which has been purchased by the Takatso consortium...
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