Old Mutual Private Equity (OMPE), a division of Old Mutual Alternative Investments, has sold its stake in Consol Holdings to Luxembourg-based Ardagh Group, one of the largest glass producers in the world, for an equity value of approximately R10bn (enterprise value of approximately R17bn),
Ardagh s glass is full after tribunal gives Consol deal the nod iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
South Africans denied legal alcohol sales during bans to contain the Covid-19 pandemic now risk shortages due to supply-chain disruptions affecting glassmakers.