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May 16, 2008

Sasol shareholders okay R25,9bn BEE deal

Petrochemicals giant Sasol on Friday said its shareholders had approved its planned R25,9-billion black economic empowerment (BEE) transaction.

The world's largest producer of oil from coal announced its intention to conclude a broad-based BEE ownership transaction in respect of 10% of its issued share capital in September last year.

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Posted by StaffWriter at May 16, 2008 9:11 AM