When news broke of the horror story in Ukraine, traders dug around on the JSE for Russian exposure that they could hit the 'sell' button on. They found it primarily in Barloworld and Mondi, while also dishing out pain to the likes of Spar and NEPI Rockcastle for exposure in neighbouring Poland.
South Africa s PSG Group Ltd, controlled by one of the country s richest men Johannes Mouton, plans to distribute $1.2 billion of shares in subsidiaries to shareholders, seeking to close the gap.
PSG Group deals with market discount through unbundling, delisting 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.