Caxton acquires over 10% of Times Media

 ·14 Jan 2013
Times media

Times Media Group‚ the owner of Sunday Times‚ said on Monday that Caxton and CTP Publishers and Printers‚ which owns The Citizen‚ had acquired 10.44% of the company.

Caxton will now be one of the largest shareholders in the media group after the likes of Public Investment Corporation‚ Coronation and UHC.

Times Media listed on the Johannesburg Stock Exchange in September last year following the delisting of Avusa.

Related articles

Times Media prepares for JSE debut

Avusa shareholders approve takeover

Avusa buyout not supported by PIC

Avusa reports profit decline

The Sunday Times’ bold online move

Mvelaphanda in cash and share offer for Avusa

 

Show comments
Subscribe to our daily newsletter