Grindrod completes $250m deal with Remgro tie-up
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Equity

Grindrod completes $250m deal with Remgro tie-up

South African investment company Remgro took a 19.3% stake in Grindrod, the country’s biggest shipping firm, through a R2bn ($250m) rights issue and by buying more shares on the open market, the firms revealed on Tuesday.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article