Reuters logo
BRIEF-RH Bophelo to buy 76 pct equity holding in new holding co
November 22, 2017 / 6:37 AM / 22 days ago

BRIEF-RH Bophelo to buy 76 pct equity holding in new holding co

Nov 22 (Reuters) - RH Bophelo Ltd:

* ‍ENTERED ACQUISITION AGREEMENTS FOR RH BOPHELO TO ACQUIRE A 76% EQUITY HOLDING IN A NEWLY FORMED HOLDING COMPANY (“VPH HOLDCO”)​

* TO ACQUIRE 76% OF EQUITY IN VPH HOLDCO, FOR A TOTAL CONSIDERATION OF R24.3 MILLION, PAID FROM EXISTING CASH RESOURCES RAISED ON CO‘S LISTING​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below