Amid the downturn in corporate news, Sasfin Holdings announced that its chairman will step down. Offshore, Swiss mining giant Glencore is considering exiting a huge nickel project in New Caledonia.
Safin Holdings is The Board of Directors Appoints Lead Independent Director Richard Buchholz He succeeded Deon de Kock as chairman. This follows Mr de Kock's announcement in November that he was taking temporary medical leave. The newspaper announced on Monday that Mr de Kock had decided to resign after consulting his medical team. This change is expected to come into effect on March 15th and is subject to regulatory approval by the prudential authorities. “We would like to express our sincere gratitude to Mr. de Kock for his valuable advice and dedication to the performance of his duties during his tenure and wish him the best of luck,” Safin said. Mr. Buchholz was appointed to the board in 2018 and is a former director of KPMG.
competition committee has approved a bid by Sanlam's private equity arm to acquire Batcher & Company, a leading importer and distributor of luxury perfume and watch brands. “The Commission is of the view that the proposed transaction is unlikely to materially reduce or impede competition in any market.Furthermore, the proposed transaction does not raise public interest concerns. not,” the commission said in a statement last week. According to Batcher's website, major customers include Edgar's, Foschini, Trueworth, Woolworths, American Swiss, Dischem and Clicks. Watch brands include Hugo Boss, Lacoste, and Tommy Hilfiger, and perfume brands include Dunhill, Guess, Jimmy Choo, Karl Lagerfeld, and Ted Lapidus. Our own brands include Tomato Clock.
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