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Home » Zimre shares spike on ZPI take-over
Companies & Markets

Zimre shares spike on ZPI take-over

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ZIMRE Holdings (Zimre)’s shares gained 17 percent on the Zimbabwe Stock Exchange (ZSE) in October – against a market-wide loss of 9,74 percent – as the group completed its take-over of Zimre Property Investments (ZPI). Zimre now holds a 97,62 percent stake in the property company, after acquiring an additional 33,34 percent, through an offer…

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