Second-largest shareholder says WeBuyCars and Nutun have ‘excellent long-term prospects’
Cape Town fund manager Coronation, which upped its stake in taxi financier Transaction Capital from 14.4% to just more than 16.57% earlier this week, thinks the share price of the latter could recover as at least two of its businesses have excellent long-term prospects.
The asset manager is the second-largest Transaction shareholder after the Public Investment Corporation ...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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