Curro has not withdrawn its cautionary announcement with regards to a possible takeover of AdvTech.
The Money Show’s Bruce Whitfield interviewed Maudi Lentsoane, Managing Director of Lehumo Capital, who chose AdvTech in January for our Stock Pick Monday feature.
Whitfield also spoke to Marc Hasenfuss, Editor-at-large at the Financial Mail, to get his views on the Curro/AdvTech story.
Scroll down to listen to the audio.
We’re smiling all the way to bank! We were always positive about AdvTech. This move by Curro doesn’t come as a surprise.— Maudi Lentsoane
This drama is not over! There is still support for this deal by fund managers such as Coronation and Kagiso.— Maudi Lentsoane
It’s clear that Coronation and Kagiso support a deal.— Marc Hasenfuss
Both companies have excellent management. There could be synergies that are very appealing.— Marc Hasenfuss
This article first appeared on 702 : Curro still wants to take over its rival AdvTech. A battle is brewing...