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Bidvest impaired its investment in Ad***** by R1 billion

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AJ_
Contributor
http://www.fin24.com/Companies/Industrial/Bidvest-writes-down-Ad*****-stake-by-R1bn-20150130 how will the market react to this on Monday. is the share trading at value at current level or can one expect significant downside. it is a pity Bidvest did not disclose its valuation of Ad*****
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SimonPB
Valued Contributor
this is an old story, the annual report was out in about Sep last year, Fin24 only just discovered it ..
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