Nkwe follows up BEE failure with new deal

May 15, 2006

Australian Stock Exchange-listed Nkwe Platinum announced a new black economic-empowerment (BEE) transaction on Monday as a replacement to an aborted deal announced in 2004...

revealing that it plans to sell a 30% interest in its South African subsidiary to Blue Nightingale, a company that includes a number of politically-connected South Africans.

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