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Why ARC shareholders should REJECT management’s buyout offer!

On Tuesday, African Rainbow Capital Investments (JSE: AIL) or ARC for short, released their interim results for the six-months ending December 2024. But it was the second SENS release that grabbed all the attention and sent its shares +5% higher. In short, management announced its intention to buyout all the ordinary shares in company, and subsequently, delist from the JSE and A2X exchange.

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