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Brait planning disposals of Consol and Primedia

Image Credit: Financial Mail

South African investment holding company Brait is planning to sell its holdings in glass maker Consol and media group Primedia within the next two years, marking the final realizations for the firm’s private equity vehicle, Brait Fund IV. According to this report in Business Day, Brait’s bankers are already exploring either a listing or a direct sale for both stakes, speculation that John Gnodde, Brait’s CEO, refused to comment on.

Read more at Business Day…

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