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Spur takes a R129m blow after losing a multi-year court battle

The restaurant group plans appeal as the legal award sharply reduces its annual headline earnings

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businessday.co.zaStai leggendo15 g fa

Spur takes a R129m blow after losing a multi-year court battle

The restaurant group plans appeal as the legal award sharply reduces its annual headline earnings

originale

iol.co.za12 g fa

Financial implications for Spur Corporation following arbitration ruling in joint venture dispute

Spur Corporation has made a R129.5 million provision following an arbitration ruling that awarded GPS Food Group R74.6 million in damages over a disputed rib-processing joint venture. The company plans to appeal the…

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Timeline cronologica

martedì 11 agosto 2026·businessday.co.za
Spur takes a R129m blow after losing a multi-year court battle
The restaurant group plans appeal as the legal award sharply reduces its annual headline earnings
giovedì 13 agosto 2026·iol.co.za
Spur faces R129.5 million hit as rib-processing dispute takes unexpected turn
Spur Corporation has announced a R129.5 million provision following an arbitration ruling in favour of GPS Food Group, marking a significant chapter in their ongoing dispute.

Spur takes a R129m blow after losing a multi-year court battle

Confronto fonti

Spur takes a R129m blow after losing a multi-year court battle

Financial implications for Spur Corporation following arbitration ruling in joint venture dispute

Timeline cronologica

Spur takes a R129m blow after losing a multi-year court battle

Spur faces R129.5 million hit as rib-processing dispute takes unexpected turn

GPS Food Group awarded R74.6 million damages in Spur Corporation dispute

Spur faces R129.5 million hit in rib-processing dispute

Financial implications for Spur Corporation following arbitration ruling in joint venture dispute