Johannesburg- South African conglomerate Bidvest plans to buy Capespan for R2.40 per share, its chief executive said on Monday.
"We are the buyer of the Capespan asset. We like the asset," Chief Executive Brian Joffe told Reuters, adding that the firm had offered R2.40 per share.
Zeder Investments said in June it had made a R2.25 cash offer to buy shares in Capespan that it did not already own.
"We are the buyer of the Capespan asset. We like the asset," Chief Executive Brian Joffe told Reuters, adding that the firm had offered R2.40 per share.
Zeder Investments said in June it had made a R2.25 cash offer to buy shares in Capespan that it did not already own.