Arch Equity to buy 30% of Orion

September 5, 2005

AltX-listed black economic empowerment group Arch Equity has agreed to acquire a 30 percent stake in Orion Telecom Investment Holdings from Mogala Investments for R54.9-million, Arch Equity said on Thursday...

Arch Equity is owned 53 percent by BEE shareholders, and its assets include a 22.6 percent stake in listed financial services company PSG Group, 15.6 percent of listed niche banking group Capitec, and 4.5 percent shareholding in transport group Unitrans, among others.

... 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.