The success of the rights provide demonstrates the market’s ‘strong confidence’ in the ‘iconic brand’ and its turnaround strategy. Image: SuppliedThe success of the rights provide demonstrates the market’s ‘strong confidence’ in the ‘iconic brand’ and its turnaround strategy. Image:
The Pick n Pay Group has overshot its rights provide by more than double, displaying huge demand and confidence from traders in its turnaround strategy. The rights offer, which sought to raise R4 billion, was 106% oversubscribed, with complete subscriptions
Standard Bank Group is one of Africa’s largest financial services groups, with a strong presence in personal and business banking, investment banking, and wealth management. Founded in 1862, the bank has grown to operate in 20 African countries and has