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The Discount to Net Asset Value, Unbundling and Shareholder Interests
Item type: Journal Article • Journal: De Ratione • Authors: G.D.I. Barr --- School of Economics University of Cape Town, B.S. Kantor --- School of Economics University of Cape Town,The argument has recently been made by powerful political voices that the large South African corporate conglomerates (or groups) should be broken up into their constituents or “unbundled”, as the process has become known in South Africa. Critics of these...