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The national carrier SAA emerged from three years under business rescue in April last year, thanks to a R10.4 billion bailout. However, it is still grappling with the effects of a turbulent history marked by financial distress, operational problems and allegations of mismanagement. (Delwyn Verasamy/M&G)
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Takatso-SAA deal: unveiling the global phenomenon of $1 acquisitions

Acquisitions involving nominal amounts have rescued failing businesses, including Chelsea soccer club and General Motors

  • Tebogo Khaas
7 min read