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Bidvest to sell Bidvest Bank and FinGlobal

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GUEST - David Shapiro, chief investment strategist at Sasfin Wealth

JSE-listed Bidvest will dispose of two of its entities – Bidvest Bank and FinGlobal, according to a statement on Sens on Wednesday. This follows the group’s announcement earlier this year that it intends to dispose of Bidvest Life. The group expects the transaction to be concluded by the end of 2024. Bidvest’s operations include finance, freight management, automotive, and cleaning services.
8 Jul 2PM English South Africa Business News · Investing

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