Mahube, an investor in renewable energy assets, received a firm cash takeover offer of R10.06 per share. The offer represents a 67.1% premium to its 3 November closing price. The consortium is acquiring Mahube’s interests in five wind and solar projects, with existing overlap through Kholosani’s investments. Shareholders holding 34.9% have irrevocably committed to support the transaction, which remains subject to shareholder and regulatory approval.
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