Alstom South Africa concludes 51% BEE transaction

October 3, 2006

One of South Africa's largest energy capital-goods companies, Alstom South Africa, is now black-controlled, the company said on Tuesday...

The black economic-empowerment (BEE) shareholding in Alstom South Africa had been increased from 38% to 51%, Alstom South African group MD Mark Wilson said in an electronically-disseminated announcement.

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