Imperial's new BEE deal

April 6, 2005

Imperial Holdings concludes a black economic empowerment transaction in which it will sell a 7.25% stake to Lereko Mobility ...

a BEE company including former politicians Valli Moosa and Popo Molefe - for a total of R1.4-billion, at R96.85 a share. Interview with Lereko Investments chief operating officer Lulu Gwagwa and Imperial Holdings chief executive Bill Lynch

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