Ster Kinekor raises R250 million and exits business rescue
Ster Kinekor has exited business rescue after receiving a R250 million parachute from two investment firms.
Investments from UK-based asset manager Blantyre Capital, and South African asset manager Greenpoint Capital, formed the basis...
South African and UK investors offer to buy Ster-Kinekor with R250 million loan
Ster-Kinekor Theatres (SKT) could receive funding in the form of a R250 million senior debt facility, following a proposal from investors, Blantyre Capital and Greenpoint Capital.
According to the Business Rescue...