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Tag Archives: Grand Parade Investments

South Africa – Tsogo back with bid for share in Sunwest

South African operator Tsogo Sun has announced its intention to buy a 20 per cent interest in Sunwest International and Worcester Casino for R1.3bn from Sun International, in the Western Cape. The move comes a year after the competition authorities halted Tsogo Sun’s plans to takeover Sun International. It will allow Sun International to remain…

South Africa – South African operators spike casino deal

The deal that would have seen South African hotel and casino operator Tsogo Sun Holdings buy a minority stake in two casinos operated by rival Sun International has now been cancelled. The R2.1m deal was announced in May 2014 with Tsogo Sun saying it wanted to buy a 40 per cent stake in Sun International’s…