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African Sun to Delist
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African Sun to Delist
Listed Zimbabwean hotel group African Sun has opted to delist from the Victoria Falls Stock Exchange, as it restructures its portfolio in the country. The group is reducing its hotel holdings, in a strategic shift that will see it deliver greater value for shareholders. In future, the business will focus on a smaller, core portfolio of higher quality properties, many of them operating with the benefit of international brands above the door. Rest…
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