Seriti to finish acquisition of SAEC from South 32
2021-05-18 13:08:33 [Print]
South Africa's Seriti Resources has confirmed that all conditions precedent to its acquisition of South32 SA Coal Holdings (SAEC) have been fulfilled, and the sale is expected to be completed on 1 June 2021.
The new shareholders of 100% of SAEC will be Seriti Resources (90%), and the SAEC Employee and Community Trusts (5% each).
The new shareholders of 100% of SAEC will be Seriti Resources (90%), and the SAEC Employee and Community Trusts (5% each).
