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Stellar Capital Partners bid to take Cadiz Management private

Stellar Capital Partners, the private equity firm who took a 16% stake in troubled South African financial group Cadiz Management in April this year, has made a bid to acquire the remaining shares for R1.29 and take the company private. Shares in Cadiz rose 17% to R1.15 on the JSE in response to the news of the takeover offer. 

Read more at Business Day…

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