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Avusa sharholders vote in favour of Mvela deal

August 16, 2012 Comments Off on Avusa sharholders vote in favour of Mvela deal

August 16, 2012, 4:01 pm

JOHANNESBURG (Reuters) – The required majority of shareholders of South African media firm Avusa Ltd approved the $134 million buyout by a unit of investment company Mvelaphanda Group, Avusa said on Thursday.
Mvelaphanda in June launched a 1.1 billion rand bid for th…

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