RGS bid to stop Tongaat-Vision deal flops

Today, as the country considers reforms to the regulatory framework, it is essential that this history is not overlooked.

RGS Group Holdings (RGS)’s last minute attempt to block Tongaat Hulett (Tongaat)’s debt to asset deal with the Vision Group (Vision) was dealt a major blow after the South Africa High Court in Durban last week dismissed its urgent application with costs.RGS had lodged an urgent application on November 6, 2024 in the High Court…

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