Takatso minorities will remain in SAA deal, says Gidon Novick
Completion of the deal hinges on the government settling R3.5bn in historic SAA debt
14 May 2023 - 11:45
Minority shareholders of Takatso Aviation, which got the regulatory nod to acquire a 51% stake in SAA, say they have not agreed to divest from the consortium, as per the Competition Commission’s conditions for the Competition Tribunal to approve the deal.
Takatso is majority owned by Harith General Partners, and the minority shareholders are Global Aviation Operations and Syranix. ..
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