Super Group takeover rumour denied

ALAN PEAT THERE IS no truth in the rumour in the freight industry that SA Express Lines (SAEL) is involved in a takeover, with the Super Group hinted at as the possible purchaser. “I’ve heard that rumour as well,” said Rolf Pritz, MD of SAEL. “But that’s all it is, nothing more than a rumour.” His company has not been conducting any such negotiations, he told FTW – laying the takeover story to rest for the time being.

© Now Media. This content is protected by copyright and may not be adapted or republished. If you would like to discuss cooperation opportunities, please contact: editor@freightnews.co.za.