Brait reduces stake in Premier group to $284.4 million
Brait’s decision to reduce its stake in Premier comes after a successful R750 million ($41.3 million) accelerated bookbuild offering earlier this year.
Christo Wiese
Brait SE targets UK listing for Virgin Active by 2026 amid portfolio streamlining
Brait SE plans Virgin Active UK stock listing to align with its debt reduction and portfolio optimization strategy.
Brait reports $56.45-million profit in first half of 2025 fiscal year
Brait demonstrated notable resilience, with significant profitability and revenue growth.
Christo Wiese’s stake in Shoprite rises by $115 million in 13 days
South African billionaire Christo Wiese’s stake in Shoprite has increased by $115.84 million, strengthening his position among Africa’s wealthiest.
Titan Fincap settles $63.1-million loan with Shoprite shares acquisition
The purchase, finalized on Oct. 7, 2024, concludes a scrip loan agreement that allowed Titan Fincap to borrow 3,831,164 shares of Shoprite on Oct. 12, 2023.
Shoprite, linked to South African billionaire Christo Wiese, to sell furniture unit to Pepkor for $179 million
The sale includes the OK Furniture and House & Home brands, as well as Shoprite's credit loan book, insurance arrangements, inventory, and certain fixed assets.
Christo Wiese's Shoprite reports $348-million profit in 2024
Shoprite Holdings reports robust 2024 financial performance amidst economic challenges.
