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Virgin Active owner Brait gets investee boost, but NAV halves after hefty shareholder lift

Brait has about R2.68 billion in convertible bonds
Investment holding company Brait reported a boost from its underlying portfolio on Wednesday, including a 6% rise in Virgin Active membership.
Garth Theunissen
Brait, the private equity firm partly owned by billionaire Christo Wiese, has reported that it got a boost from its underlying portfolio in its six months to end September. But its ...

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Namibian Sun 2024-11-15

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