The largest shareholder in South African cement maker PPC will vote against a resolution next month to remove the entire board, the acting chief executive of the $126 billion state-owned fund said on ...
In the same breath, the PIC has increased its respective stakes in retailers Woolworths (15%.07) and Shoprite (15.03%). The state-owned fund manager, which has R2trn assets under management, recently ...
PPC’s largest shareholder is supporting a joint offer for South Africa’s biggest cement maker from domestic rival AfriSam Group and Canadian insurer Fairfax Financial Holdings as the tie-up would ...
Cement producer PPC said on Monday, 16 October, the Public Investment Corporation (PIC) had increased its shareholding in the company, which is currently mulling bids ...
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