Vunani unit sells 50% stake in Verso to Momentum for R 26.25 million
Bitget2026/09/28 06:04- Vunani’s unit Vunani Capital agreed to sell its 50% stake in retirement fund administrator Verso to Momentum Strategic Investments.
- Deal values the stake at ZAR 26.25 million, including ZAR 20 million cash at closing.
- Deferred ZAR 6.25 million is payable in 12 months, subject to commercial and regulatory milestones.
- Transaction would exit Vunani Capital’s Verso investment, sharpening focus on its 70% holding in Fairheads.
- Verso net assets were ZAR 8.3 million at Feb. 28, 2026; attributable loss after tax was ZAR 1.0 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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