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Efficient Group Ltd Announces Possible Acquisition of Shareholding in Thebe Investment Corporation (Proprietary)Limited


Thursday, 14 Feb 2013 09:55am EST 

Efficient Group Ltd announced the possible acquisition by Efficient of Thebe Investment Corporation (Proprietary) Limited’s 74.9% shareholding in Thebe Stock broking (Proprietary) Limited (the “transaction”). The parties are still in the process of concluding formal binding legal agreements in respect of the transaction, at which time a detailed announcement containing the full terms of the transaction will be announced. Financial terms of the deal were not disclosed. 

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