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November 8, 2007

Vox Telecom in R400m BEE deal

Vox Telecom announced a BEE deal which will see the ALT-X listed group increase its black ownership to around 41.5%.

The Mvelaphanda Group and Regiments Capital are both due to take new stakes in the group, while the Lereko Metier Capital Growth Fund (LMCGF) will increase its shareholding from 19.2% to 23.4%.

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Posted by StaffWriter at November 8, 2007 12:20 PM