BEE investors cash in on sale of Aquarius stake

November 7, 2006

BLACK empowerment investors the Savannah Consortium had realised R342,5m from the sale of part of their stake in platinum producer Aquarius Platinum SA and R100m from the repayment of a loan, which would be used to repay their debt, Aquarius said in an announcement yesterday...

Aquarius Platinum CEO Stuart Murray indicated to the market in August, on presenting the group’s year-end results, that this move was being discussed.

... 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.