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March 17, 2005

Aspen unveils R524m BEE deal

Aspen Pharmacare Holdings, the African continent's largest manufacturer of generic medicines...



has unveiled the details of a black economic empowerment (BEE) transaction that will see black shareholders gain a 17.9 percent stake, in terms of both equity ownership and voting rights, in the company, in a multi-faceted deal valued at R524.2-million.

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Posted by bernievn at March 17, 2005 5:45 PM