(Reuters) - South African shipping and logistics group Grindrod has sold an 18 percent stake in its banking unit, Grindrod Bank, to three black invester groups, the company said on Wednesday.
Grindrod gave no financial details of the stake sale, which is in line with the South African government's Black Economic Empowerment (BEE) policy.
Read more at Reuters Africa
Grindrod gave no financial details of the stake sale, which is in line with the South African government's Black Economic Empowerment (BEE) policy.
Read more at Reuters Africa
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