Showing posts with label Unitrans. Show all posts
Showing posts with label Unitrans. Show all posts

Wednesday, February 21, 2007

Steinhoff to buy rest of Unitrans

Transport and logistics group Unitrans said on Wednesday it would dispose of its entire business to a subsidiary of furniture manufacturer Steinhoff, sending its shares lower.

Unitrans said minority shareholders would receive two Steinhoff shares for each Unitrans share held. Steinhoff already owns 60.76% of Unitrans.

Read more at FIN24.co.za