Good week

Financial Mail - - BETWEEN THE CHAINS -

Group Five CEO fired the first salvo against op­por­tunis­tic preda­tors by re­ject­ing prop­erty com­pany Green­bay’s un­so­licited R1.6bn of­fer for the con­struc­tion group’s prof­itable Euro­pean tolling busi­ness. Mo­sai, with the sup­port of his ex­ec­u­tive team, has come up with a re­vised strat­egy and struc­ture for the strug­gling group. Its newly con­sti­tuted board has ap­proved this in prin­ci­ple and will now take a closer look at the com­pany’s clus­ters, busi­nesses and as­set base “to en­sure stake­holder value”.

Themba Mo­sai

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