Vision Group in Talks With South Africa’s IDC on Tongaat Hulett Equity Stake
2026-06-14 16:51:03
Tycoon-backed Vision Group is in talks with South Africa’s Industrial Development Corp. to take an equity stake in sugar refiner Tongaat Hulett in exchange for additional funding, Vision Group shareholder and consortium member Robert Gumede said in an interview. According to Bloomberg, Gumede did not disclose the size of the potential stake or the amount of funding under discussion.
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