Brian Joffe’s Long4Life to acquire Holdsport

PUBLISHED: Wed, 26 Jul 2017 06:47:37 GMT

Investment holding company, Long4Life will buy Holdsport, a leading South African cash retailer selling sport, leisure and recreational merchandise. The market did not take the news well with Long4Life shares taking a 22 per cent knock in intra-day trading following news. CNBC Africa Bronwyn Nielsen spoke to Long4Life, CEO Brian Joffe.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.