BEE consortium to own 22.4% of Oceana

June 27, 2006

A deal worth about 395 million rand has been concluded that will see 22.4% of fish food group Oceana (OCE) owned by a black economic empowerment consortium led by Brimstone Investment Corporation (BRT)...

Brimstone's stake in Oceana will be 10%, for which it is paying 176 million rand.

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