JOHANNESBURG, Nov 9 South Africa's Discovery Ltd
said on Friday it will issue 11.4 million shares to
fund the acquisition of FirstRand's stake in their
credit card joint venture, a condition for the launch of its
planned Discovery Bank.
JOHANNESBURG, Nov 8 South Africa's Discovery Ltd
said on Thursday it will issue about 10.9 million new
shares to qualifying investors in order to raise 1.85 billion
rand ($132 million) to help fund an acquisition of a stake and
assets in soon to be launched Discovery bank.