Murray & Roberts Sells Bombela Concession Company Stake for R1.26bn

Belgique Nouvelles Nouvelles

Murray & Roberts Sells Bombela Concession Company Stake for R1.26bn
Belgique Dernières Nouvelles,Belgique Actualités

The specialist engineering group will use the proceeds from the deal to cut its debt and interest costs

Specialist engineering group Murray & Roberts has completed the sale of its interest in the Bombela Concession Company , which was appointed to design, build, operate, maintain and partially finance the Gautrain project.

The company, valued at R712m on the JSE, sold its stake to a wholly owned subsidiary of European toll and motorway developer and operator Intertoll International for R1.26bn after shareholders voted in favour of the deal at a general meeting on February 20...

 

Belgique Dernières Nouvelles, Belgique Actualités



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