Legae Peresec Ltd. acquired an additional minority stake in African Phoenix Investments Limited from Steyn Capital Management.
Legae Peresec (Pty) Ltd. acquired an additional minority stake in African Phoenix Investments Limited (JSE:AXL) from Steyn Capital Management on December 24, 2019. As a result of the transaction, Steyn Capital Management disposed of all of its A ordinary share in African Phoenix Investments Limited, while Legae Peresec increased its stake to 33.45% stake in African Phoenix Investments Limited.
Legae Peresec (Pty) Ltd. completed the acquisition of an additional minority stake in African Phoenix Investments Limited (JSE:AXL) from Steyn Capital Management on December 24, 2019.