How group led Dinatla to acquire a slice of Bidvest

July 13, 2012
Shanduka successfully led a BBBEE consortium which landed about 15% of services giant Bidvest in 2003. The consortium, named Dinatla, paid R2bn for the stake.
In 2011, the 2003 transaction was wound up and it delivered an unencumbered 4.5% stake in Bidvest. It was the 2003 transaction which facilitated the appointment of Cyril Ramaphosa as chairman of Bidvest in 2004

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