labat africa ltd
(LAB:Johannesburg Stock Exchange)
Transactions by LABAT AFRICA LTD (LAB) in the last 6 months
Labat Africa Limited (JSE:LAB) signed a term sheet to acquire Reinhardt Transport Group for approximately ZAR 630 million on April 22, 2015. Labat Africa was selected as highest bidder. The agreement was signed on June 11, 2015, pursuant to which terms of the transaction were amended and the purchase consideration was increased from ZAR 627.5 million to ZAR 645 million. The purchase price will be settled in cash. Following the acquisition, Reinhardt Transport Group will ...
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