Marc Hasenfuss Editor-at-large

Brian Joffe’s investment company, Long4Life (L4L) — as speculated in the FM last month (https://www.businesslive.co.za/fm/fm-fox/2019-09-19-will-brian-joffes-long4life-take-a-bite-out-of-spur/) — has bitten off a serious chunk of restaurant franchisor Spur Corp.

L4L has added substantially to an initial stake of 4.6% in Spur by spending (after the close of the end-August interim reporting period) R304m to snap up another 12.7-million shares.

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