Alliance Data Corporation sells 26% stake to BEE partner

June 7, 2005

AltX-listed software provider, Alliance Data Corporation Holdings Limited (ADC), ...

announced a deal that sees BEE company Bafokeng Investment Services (Pty) Ltd acquire a 26.67% shareholding in ADC. The acquisition of 6 million shares was settled for a total consideration of R5.4 million.

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