Friday, July 13, 2007

Alexander Forbes to delist from JSE on July 27

(Reuters) - South African financial services group Alexander Forbes will delist from the JSE Securities Exchange on July 27 after a court approved its 8.2 billion rand buyout by a private equity consortium, it said on Friday.

Alexander Forbes said in a statement the acquisition will become operative on July 26 and its listing on the Johannesburg bourse will be terminated on July 27.


Read more at Reuters Africa

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