Scangroup Ltd (SCAN.NR) Key Developments | Reuters.com
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Scangroup Ltd enters into agreement to acquire 80.4 pct in Experiential Marketing (Proprietary) Ltd


Wednesday, 9 Jul 2014 08:00pm EDT 

Scangroup Ltd:Has entered into an agreement with Marc Group Ltd, Experiential Marketing (Proprietary) Ltd (EMPL), various subsidiaries of EMPL and other shareholders of EMPL, to acquire 80.4 pct shareholding in EMPL and its subsidiaries.Says, based in South Africa, EMPL through its network of subsidiaries, offers marketing services across 12 countries in sub-Saharan Africa and employs over 1,700 people.The completion of the acquisition is subject to various conditions contained in the Agreement including regulatory approvals and also shareholder approval. 

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