Zeder Investments Says 1% of Capespan Shareholders Accept Offer for Stock

Zeder Investments Ltd. (ZED) received acceptances from Capespan Group Ltd. shareholders of 2.9 million shares, or about 1 percent of the company’s stock, for its offer of 2.25 rand a share.

Zeder bought another 11.5 percent of Capespan shares in the market, it said in a regulatory filing today.

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net

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