South Africa’s Competition Tribunal said it has dismissed Tsogo Sun’s application Niveus acquisition transaction. The deal was to see Tsogo Sun acquire all Niveus interests in gaming machine operator, Vukani Gaming and bingo hall operator Galaxy Bingo. The tribunal has not provided reasons for the dismissal.
Tag: Tsogo Sun
South Africa’s hotel group, Tsogo Sun Holdings Limited said its shareholders have approved the sale of 29 hotels to Hospitality Property Fund Limited. The entire 29 hotel portfolio properties and each of the hotel letting businesses conducted in respect of such properties, for an aggregate purchase consideration of R3.5 billion […]
One of South Africa’s leisure and hospitality group, Tsogo Sun has appointed Jacques Booysen as its new Chief Executive Officer. Tsogo Sun said in a statement that Jacques Booysen is a qualified accountant and a major shareholder of the Company, with effect from 1 July 2017. His appointment also made […]
Tsogo Sun said it regrets to announce the resignation of Mr Marcel von Aulock as executive director from the board of directors of Tsogo Sun. The company said his resignation will take effective from 01 June 2017 and from his employment with the Company with effect from 30 June 2017. […]