Brimstone has become a controlling shareholder in medical equipment supplier Obsidian as the black-owned investment holding firm positions itself for the rollout of National Health Insurance .
Brimstone, which is also the biggest shareholder of JSE-listed fishing group Sea Harvest, increased its stake in Obsidian from 25% to 80% for R35.7m. The move, according to Brimstone CEO Mustaq Brey, is in line with the company’s strategy to increase its portfolio of unlisted assets.
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Brimstone takes controlling stake in Obsidian HealthThe investment holding company has increased its stake in Obsidian Health to 80%, from 25%
Source: BDliveSA - 🏆 12. / 63 Read more »