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PIC says it is not involved in SAA deal

By:  
Deputy Editor Online
 
AVIATION
The Public Investment Corporation (PIC) has clarified that its funds will not be used by a private sector consortium to acquire a 51% private equity stake in South African Airways (SAA). The State-owned investment manager says it is not involved in the acquisition, nor are the assets it manages on behalf of clients.
 
 
 
 
 

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