Is selling and leasing back the way to go?
Aug 07, 2020
2 minutes
By Simon Brown
asol has announced the sale of 16 air-separation units located in Secunda to Air Liquide for R8.5bn. The market very much liked the deal, pushing the share up over 12% at one point on the day before closing over 8% higher. Sasol needs to reduce its debt by some R100bn through cost savings and asset sales (and ultimately maybe even
You’re reading a preview, subscribe to read more.
Start your free 30 days