I have never encouraged rumour mongering; however, today I would like to take the initiative and squash what I understand is appearing in certain publications.
Let me deny emphatically that I ever had any discussions with Investec, and from a company DNA and business model I have never subjected my employees and business to Sahara and/or the Gupta family.
If I had to treat every phone call as a “near miss” then there will be archives of NDAs.
Interestingly, the real near misses, which are not mentioned, probably don’t lend itself to rumour mongering.
The facts:
- I have entered into an agreement to sell the business of DCC to a consortium headed by Mr Carlos Ferreira.
- There remain a few conditions precedent still to be met but we hope to close the transaction for 1 November 2022.
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