No doubt there are times when Nampak’s management thinks back longingly to the days when it was part of the powerful Barloworld conglomerate.
Back then, in the 1990s, it was tucked into a cash-rich group that could dish out whatever funds were needed to buy businesses or advance organic growth opportunities...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Can Nampak avoid a rights issue to exit its debt situation?The answer seems to be no - ironically, this is because, not in spite of, a recent surge in its operational performance
Source: FinancialMail - 🏆 20. / 63 Read more »