US EditionDis-Chem founder Ivan Saltzman restructures $377.7 million stake among heirs
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Dis-Chem founder Ivan Saltzman restructures $377.7 million stake among heirs
Key PointsIvan and Lynette Saltzman transferred $377.7 million in Dis-Chem shares to heirs Dan and Mark, reducing their holding via Ivlyn without affecting market liquidity.The move follows a 2024 share transfer of $47 million to Dis-Chem executives under a vendor-financed management retention scheme to strengthen leadership continuity.The intra-family restructuring underscores Dis-Chem’s broader succession strategy amid a growing trend of balan…
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