South Africa’s van der Walt brothers see WeBuyCars lose $516 million to cheap Chinese cars
WeBuyCars, the used-car dealer founded by South African tycoons Faan and Dirk van der Walt, has lost about R8.6 billion in market value this year.
WeBuyCars
Billionaire Van Der Walt Brothers Orchestrate $41.1 Million RMH Property Deal
Billionaire WeBuyCars founders Faan and Dirk Van Der Walt are leading a $41.1 Million property acquisition through AttBid, as RMH moves to monetise its long-held property assets in a landmark JSE transaction
South African tycoon Jonathan Jawno’s Transaction Capital eyes $65 million in WeBuyCars unbundling
As a founding member of Transaction Capital, Jawno holds a 9.59-percent stake in the group, making him the second-largest shareholder.