Investor Argues Pepkor's $1.3B Fintech Deal Demands Shareholder Vote
An investor contends that Pepkor should have held a shareholder vote for its $1.3 billion fintech acquisition. Although the transaction bypasses Johannesburg Stock Exchange requirements for related-party deals due to regulatory thresholds, the controversy highlights growing demands for corporate transparency and minority shareholder participation in major strategic expansions.
Source: Moneyweb