AFRO-C:  510   0 (0.00%)  14/12/2018 00:00

AfroCentric Investment Acquires A Further 74 Pct In Activio

Oct 9 (Reuters) - AfroCentric Investment Corp Ltd:

* ACQUISITION OF A FURTHER 74% IN ACTIVIO - RELATED PARTY AND WITHDRAWAL OF CAUTIONARY

* PROPOSED DEAL FOR AGGREGATE PURCHASE CONSIDERATION OF R588 MILLION

* PURCHASE CONSIDERATION FOR DEAL WILL BE SETTLED BY CASH, ISSUE OF AFROCENTRIC ORDINARY SHARES Source text for Eikon: Further company coverage:

2018-10-09 08:40:38

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