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Home » Radun targets NTS minority shares
National Report

Radun targets NTS minority shares

written by Kudzanai Gerede, Companies and Market Editor 0 comments
The group’s operations have been adversely impacted by the rapid growth of the informal sector eating into its market share.
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ONE of National Tyre Services (NTS) major shareholders, Radun Investments (Radun), is offering to snap up outstanding shares from minorities ahead of the tyre retailing company’s plans to delist from the Zimbabwe Stock Exchange (ZSE). Radun, which currently holds approximately 28,55 percent in NTS, only behind UKATL with 34,22 percent, is offering to acquire 94…

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