Remgro: Maziv Deal Trust-Busted
Source: SeekingAlpha
2025-01-10 10:18:52 ET
Summary
- Remgro's CIVH-Vodacom merger faces significant hurdles, with the Competition Tribunal blocking it, though an appeal is ongoing, impacting a major NAV catalyst.
- South Africa's potential rate cuts are unfavorable for Remgro's insurance and banking investments, adding to the concerns about the company's near-term prospects.
- Given the negative turn for CIVH which was a possible catalyst, Remgro is not a high-priority investment, also with long-term considerations about investing in South Africa.
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Remgro: Maziv Deal Trust-Busted
Remgro Ltd
NASDAQ: RMGOF
RMGOF Trading
0.0% G/L:
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