Africa
Briefs – Vukile Property exits discussions with Synergy
Johannesburg, 4 September, BizNews
Laurence Rapp, CEO of Vukile, comments: "We have been unable to agree terms with the board of Synergy. Whilst we remain of the view that Vukile and Synergy unitholders would benefit from consolidation, we will only pursue a transaction which, based on the underlying property fundamentals and pricing, is appropriate and enhancing to our unitholders."