Minority shareholders in Airports Company SA have been trying for years to get what they regard as fair value for shares they purchased in 1998.
Minority shareholders in Airports Company SA have been trying for many years to get what they regard as fair value for shares they purchased in 1998.Minority shareholders in Airports Company South Africa say they have been"duped" and held as"economic hostages".In 1998, ACSA was still 100% state-owned.
Then government and ACSA kicked off a process that was first intended to see 20% of ACSA sold to a strategic equity partner and, in a subsequent phase, see the remaining 80% stake listed on the JSE. Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
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