All NewsBusiness

Masawara in $19m minority buy out

All NewsBusiness

Masawara in $19m minority buy out

HARARE – London-listed Masawara’s wholly-owned subsidiary, Masawara Mauritius spent $11,8 million to buy out part of the minority shareholders in TA Holdings, shoring up its stake to 75,73 percent. This comes as the Zimbabwe Stock Exchange-listed conglomerate’s minority shareholders holding 57 191 673 shares accepted the offer by Masawara to acquire 58,84 percent of their…

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