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Article: Zimbabwe: Zeco, SA Firm merger talks progress.
- Article from:
- TendersInfo
- Article date:
- July 10, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sujit03
SOR Holdings, a South African firm is concluding multi-trillion merger talks with Zeco Holdings, and the merged entity is expected to list here and on the Johannesburg Stock Exchange, it has emerged. SOR Holdings owns significant stakes in Johannesburg and Cape Town-based electronic companies involved in electronic works and refurbishment for train coaches.
Negotiations between the two firms are now at a delicate stage with some relevant signatures from authorities here and in SA having already been obtained. SOR does not have ...