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April 5, 2005
Imperial sells 7.25% stake in BEE deal
Diversified industrial group Imperial Holdings has concluded a black economic empowerment transaction in which it will sell a 7.25 percent stake in the company ...
to Lereko Mobility, a BEE company owned 51 percent by a broad-based BEE consortium, for the equivalent of 96.85 rand per Imperial share, or a total of R1.4-billion.
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Posted by bernievn at April 5, 2005 2:44 PM