The market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trend
BriefingWire.com, 2/11/2021 - Facto Market Insights recently published market research study on the Global
AFTER SUN CARE PRODUCTS Market (2021-2027) to its own collection of research reports. The study report covers detailed analysis of market sizing and forecasting of the market covering the market drivers, challenges, opportunity analysis, and tendencies, together with assorted important insights in the worldwide industry. The study report also contains the investigation of regional producers and brand new market players, covering all of the information acceptable for its customers to produce strategic business decisions in the business.
Sibongile Khumalo Share
Lancaster 101 says it has launched legal proceedings against Steinhoff to reclaim the R12bn it invested in the disgraced retail giant.
The empowerment company said the claim stems from misrepresentations by Steinhoff which it relied upon when it made the investment in 2016, in a deal largely funded by the Public Investment Corporation (PIC). Lancaster claims repayment of a total of approximately R12bn, which includes accrued interest, said the company.
The investment has featured prominently in the ongoing inquiry into the PIC, with ex-board member Claudia Manning admitting during her evidence that, in hingsight, the state-owned fund manager made a mistake when it decided to back the deal.
Sarah Evans Share Former Public Investment Corporation CEO Dan Matjila gives evidence during the Judicial Commission of Inquiry into the PIC on Monday, 8 July 2019. (Photo by Gallo Images / Phill Magakoe)
Possible collusion between the Lancaster Group
and former Public Investment Corporation CEO Dan Matjila was at the heart
of a R9.4 billion deal involving the purchasing of shares in Steinhoff, the Lex
Mpati Commission of Inquiry has found.
The Commission’s report was released by the Presidency on
Thursday afternoon.
It found that there was substantial impropriety
at the PIC, the state-owned asset manager, and that its board was divided