ARC makes binding offer for CSG Holdings

News of ARC’s offer for the services group had seen its shares surge 55% in October 🔒

Services group CSG Holdings has received a firm offer from Patrice Motsepe-backed ARC Fund, with a majority of shareholders in favour of delisting.

CSG, which offers staffing solutions and facilities management, said in October it had received a nonbinding indicative offer from UBI General Partner in its capacity as general partner of the ARC Fund, an investment vehicle of African Rainbow Capital...

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