Billionaire Patrice Motsepe’s business in hot water
Billionaire Patrice Motsepe's business is facing a major shake-up as ARM, a significant shareholder in Assmang, is set to defend itself against a dispute with Assore. The dispute centers on ARM's right to appoint executives and manage operations at Assmang, a 50% stake in which ARM holds. As negotiations continue to determine a final dividend, it remains to be seen how this will impact Motsepe's business and the future of the embattled mining company.
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