Airports Company SA is not for sale, says Mbalula

The original article can be found here.

Article highlights:

  • A number of prospective investors have expressed an interest in buying a stake in Airports Company SA, but it’s not for sale, says Transport Minister Fikile Mbalula.
  • Mbalula’s statement is likely in reaction to recent comments made by billionaire Rob Hersov expressing an interest in six regional ACSA airports.
  • In April this year the Supreme Court of Appeal dealt a blow to minority shareholders in ACSA, ruling against them in a drawn-out legal battle over shares they purchased in 1998.