INVESTMENT holding company Confed announced yesterday it had sold its shares in Anglo American in the open market for R8,9m and received an offer of R88,3m from Pangbourne Properties for its property portfolio.

 

Durban - Tenders for the sale of the property portfolio of Commercial Finance Company (CFC) began yesterday as part of the group's third phase in selling its assets, said John Swain, the managing director.

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