Tag: virgin active

How this analyst views retail tycoon Christo Wiese’s plan to shake-up Brait

According to media reports, retail tycoon and African billionaire Christo Wiese wants a shake-up at Brait that includes raising R3 billion and selling all assets except for Virgin Active. Will it regain shareholder value? Cobus Potgieter, Portfolio Manager at AIP Capital Management shared his views.