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Sasol shares jump as investors celebrate asset sale – Business Live

Sasol shares jump as investors celebrate asset sale – Business Live

Shares in Sasol logged their biggest one-day gain in more than seven weeks as investors cheered news of a deal that will net the debt-laden petrochemical group R8.5bn, which might persuade the company to scrap a potentially dilutive rights issue. Written by Lisa Steyn with commentary from Abdul Davids – head of research for Kagiso Asset Management.
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