n Without Prejudice - All bets are off : deal activity

Volume 10, Issue 3
  • ISSN : 1681-178X



SABMiller plc's announcement that it has agreed to the merger of Tsogo Sun, its South African hotels and gaming associate, with JSE-listed Gold Reef Resorts, through an all-share merger, has put the final exclamation mark on a corporate tale filled with subplots that would have famous French author and poet, Victor Hugo, twirling his moustache in delight. Or has it?

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