Deal-It-Yourself: Cashbuild takes a risky punt
- South Africa
- Cashbuild, Category 2 transaction, Debt, Italtile, Mergers and acquisitions, Pepkor
- August 4, 2020
In challenging times, companies often decide to stick to their knitting. They dispose of non-core businesses, especially when those businesses are underperforming and are dragging on shareholder returns. The cash is often used to pay down debt, de-risk the group and allow for complete focus on what the group is actually good at. This exact playbook has been used by …
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