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Namsov shareholder threatens to sell up, as parent targets sale to Tunacor

Bidvest Namibia Fishing wants out of the sector, and aims to sell its shares to Tunacor; but it has been accused of bullying minority shareholders

By Undercurrent News | May 17, 2018 08:47 BST
Bidvest Namibia Namsov horse mackerel
Namibian horse mackerel, caugbt by Namsov in 2017. Photo: Bidvest
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A businessman who owns 4.9% in one of Namibia's biggest fishing firms, Namsov Fisheries, has threatened to sell his shares for NAD 53 million ($4.2m) because of a dispute over the value of the company, reports All Africa. [...]

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