Reunert in R1bn BEE deal

November 20, 2006

ELECTRONICS and electrical engineering group Reunert has agreed, subject to shareholders" approval, to sell about 10% of the group in a R1,1bn black economic empowerment (BEE) transaction...

Thirty percent of the 10% will be acquired by a women’s group made up of Peotona’s founding members, which include Cheryl Carolus, Dolly Doreen Mokgatle, Noluthando Dorian Orleyn and Wendy Lucas-Bull.

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