Experts back Wilderness deal ahead of vote
Friday, April 12, 2019
Wilderness Holdings is the target of a bid to take it private, led by its long-time director and CEO, Keith Vincent in partnership with US private equity asset managers.
Already, the Botswana-born pan-African group’s other major shareholders have endorsed the deal, as have board members holding equity. The upcoming key vote by shareholders on May 10 is expected to be a fait accompli, as Vincent and his partners already have irrevocable commitments of support from other major shareholders, giving them an easy path over the target required to approve the delisting.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...