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March 25, 2010
Sappi to sell 4,5% stake to black investors
FORMER politicians Valli Moosa and Popo Molefe as well as advertising industry veteran Peter Vundla are some of the beneficiaries of Sappi's R814million empowerment deal.
Sappi employees, communities that are based near the paper manufacturer's plants and other black investment groups will also benefit from the broad-based black economic empowerment (BBBEE) transaction announced yesterday.
Posted by StaffWriter at March 25, 2010 1:48 PM