JP Morgan takes new shares worth $288 million in Bernard Berson-led Bidcorp
It reflects the bank’s growing confidence in the Johannesburg-based food service group, which is led by Bernard Berson.
Bidcorp
JP Morgan acquires additional shares in Bernard Berson-led Bidcorp
JP Morgan, the world’s largest bank by market capitalization, buys additional shares worth $290 million in Bernard Berson-led Bidcorp.
JP Morgan strengthens position in South Africa with $150.8 million Bidcorp stake
JP Morgan raises stake in Bidcorp by 1.92 percent, signaling confidence in South Africa's food service sector.
Bernard Berson drives Bidcorp to record-breaking $6.04-billion half-year revenue
Berson, who has been the CEO of Bidcorp since 2016, commended the exceptional revenue figures and financial performance.