Kaap Agri's shares climb as fuel subsidiary plans to bulk up BEE ownership

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The acquisition was first initiated in 2019 but its finalisation was delayed due to Covid-19.
The acquisition was first initiated in 2019 but its finalisation was delayed due to Covid-19.
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The Fuel Company (TFC), a subsidiary of Kaap Agri, plans to acquire PEG Retail Holdings, which owns various entities in the retail fuel industry.

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Rand - Dollar
15.66
+0.4%
Rand - Pound
19.73
+0.4%
Rand - Euro
16.77
+0.6%
Rand - Aus dollar
11.19
-0.3%
Rand - Yen
0.12
+0.3%
Gold
1,858.87
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Silver
22.32
+1.4%
Palladium
2,037.00
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Platinum
956.50
+0.6%
Brent Crude
117.40
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Top 40
63,679
+1.1%
All Share
70,255
+1.1%
Resource 10
77,147
+0.9%
Industrial 25
75,631
+0.7%
Financial 15
16,160
+2.0%
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