Business Connexion negotiating BBBEE deal

July 21, 2010

Johannesburg - Technology group Business Connexion Group [JSE:BCX] said on Wednesday that it is in the process of negotiating a broad-based black economic empowerment transaction (BBBEE).

This will involve a restructuring of its existing BBBEE shareholding with Gadlex currently in place at BCG's subsidiary company, Business Connexion, and the introduction of additional BBBEE partners at the BCG level.

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