Capevin delisting planned
Capevin, which owns 58% of Distell, is to be delisted from the JSE, with shareholders receiving an offer based on Distell's share price before the end of June.
The JSE-listed shares of Capevin Investment will be bought by Capevin Holdings, which trades over the counter.
The move would "clear up confusion in the market between CVI and CVH, Capevin said.
Source: I-Net Bridge
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