GPI increases stake in SunWest

 JSE-LISTED investment company Grand Parade Investments (GPI) has increased its stake in SunWest, owners of GrandWest Casino and Entertainment World and the Table Bay Hotel.

GPI has increased its direct holding in SunWest from 26,41% to 29,24% (effective stake increasing to 33,7%). This acquisition was purchased at a price of R165 per SunWest share.

Yolande Erasmus

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