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More delistings on cards for JSE

Pandemic and weak economy push smaller firms to quit bourse

24 January 2021 - 00:06 By NICK WILSON

Experts expect to see more delistings from the JSE this year due to SA’s weak business environment, particularly of small and mid-sized companies.

Shares in smaller listed companies are often tightly held by a few large shareholders, and because of this and the fragile economy trade at major discounts to their underlying value — which makes them attractive targets for private equity players or management buyouts...

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