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Tsogo Sun appoints new CEO, to proceed with hotel business unbundling

Creamer Media Reporter
Tsogo Sun has resolved to restructure its hotel interests under one holding company – THL – and to proceed with the separation of Tsogo Sun and THL, culminating in the listing and unbundling of THL. Following the acquisition by Tsogo Sun of a controlling interest in Hospitality Property Fund (HPF), the hotel division has reached critical mass, Tsogo said in a release published on Friday.

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