×

We've got news for you.

Register on TimesLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Activist investors urge Tongaat to speed up restructuring plan

One proposal is to ask the nine banks that lent the company some R13bn to ‘take a haircut’

24 July 2022 - 00:04

With thousands of jobs on the line, the stakes are high for Tongaat Hulett’s restructuring plan, but a consortium of activist shareholders led by Artemis believes a September deadline for the turnaround project is too late. ..

Support the Sunday Times by buying a subscription.

You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 (digital access) and keep the conversation going. You can cancel anytime.

Already subscribed? Sign in below.

Digital access for only R80



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.