In a relatively slow day for corporate news, Transaction Capital's shareholders overwhelmingly approved the unbundling of WeBuyCars. In international news, telecoms giant Vodafone has agreed to sell its Italian unit for more than R163 billion. Shareholders of Transaction Capital have approved the unbundling of WeBuyCars. MC Mining was unchanged after the announcement but has risen almost 12% so far this year. MC Mining was up about 5% in afternoon trade and has gained almost 18% so far this year.
