Browsing: Public Investment Corp

Altron and its subsidiary Altech are still engaged in talks, the outcome of which could have a material effect on the share prices of the two JSE-listed groups. Though neither has said what the discussions are about, it’s widely speculated that Altron is preparing to make an offer to minority shareholders in Altech

Where will the money come from? This is the key question arising from confusion over cabinet’s decision to “support” — as opposed to authorise — a proposed additional R20bn for power utility Eskom.