Astoria buyout: diving for the JSE’s deep value
Piet Viljoen’s RAC is poised to take full control of Astoria – a move that could spring a share revival in both firms
16 January 2020 - 05:00
Cashed-out offshore investment company Astoria might finally be the key to unlocking value at RECM & Calibre (RAC).
Spearheaded by asset management heavyweights Piet Viljoen and Jan van Niekerk, RAC is an investment firm with a penchant for buying into unloved local companies...
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