Adcorp unveils BEE deal

March 1, 2007

Adcorp Holdings on Thursday unveiled a broad based black economic empowerment deal in which Women Investment Portfolio Holdings (Wiphold), Simeka Investment Holdings (Simeka) and an Adcorp employee share incentive Trust will gain a 25 percent stake in the company...

The value of the deal is about R512 million, Adcorp said in a statement.

... read more

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.