The United Arab Emirates’ DP World announced its offer of 12.7 billion rand in cash for South Africa’s Imperial Holdings. The offer represents a 39.5 per cent premium on Imperial’s closing price on the JSE yesterday. Imperial Logistics CEO, Mohammed Akoojee spoke with CNBC Africa for more.
Corrected: Imperial has 18% to 19% shareholder support for DP World offer, says CEO
PUBLISHED: Fri, 09 Jul 2021 11:32:27 GMT
