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November 23, 2007

Mazor unveils a R58.1m BEE deal

Western Cape-based steel and aluminium products supplier Mazor Group will sell a 14.7 percent stake to Cloudberry Investments for R58.1-million in a black economic empowerment deal, it said on Thursday.

In separate statement on Thursday, diversified investment group Trematon said it would buy 49 percent of the Cloudberry Investments for R28.5-million, which is payable in cash.

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Posted by StaffWriter at November 23, 2007 11:20 AM