« Cabinet approves empowerment codes | Main | Revised BEE codes offer relief to small business »
December 7, 2006
Barloworld finalises steel-tube division sale to management, BEE ...
Steel-tube-manufacturing company Robor announced on Thursday that it had officially been bought from its former holding company, Barloworld, by a consortium that included current management, staff and black economically-empowered (BEE) partners, for R480-million...
BEE partner Yard Capital had a shareholding of 18%, with another 10% held by Robor's black management and staff trust, and with Rand Merchant Bank owning 28%.
If a link does not open, right click on it and select "open in a new window"What do you think about this article? You can air your views in the space provided below.
Posted by bernievn at December 7, 2006 7:38 PM