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World Retail Congress Asia Pacific The Excelsior Hong Kong2011-03
-07 Around the Rock festival Ridgeback, Paarl,2011-03
Wine-11 Mpumalanga Show Ingwenyama Conference & Sports Resort on R40 between Nelspruit/Mbombela and White River.2011-04
SA-15 cheese Festival Sandringham, halfway between Cape Town and Paarl on N1,2011-04
-29 affair wine alert, Granger Bay, V a Waterfront, &2011-05-03 by workday — last modified 2010-03-02 12: 34 Private Equity Brait announced a major restructuring of its business model and released details of a R6bn rights issues to finance acquisitions that give a more important participation in the food industry and retail trade.
The company said in a regulatory announcement that no longer depend on private capital to make investments, but will also tap the capital markets and public equity investing directly in private companies, mainly in SA.
The company stated that they would use funds from the issue of the rights to acquire the share of 49.9% Premier Foods and 24.6% of Pepkor, with the intention to increase this participation in the capital of another 10.3% through a company vehicle.
In addition, Pepkor, founder, President and one of the main leaders of the SA, Christo Wiese, will acquire a share of 33% Brait and become non-Executive Director of the company.
Brait said CEO Antony ball will resign and be replaced by Private Equity CEO John Brait Gnodde.
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