Africa-focused logistics company Imperial Logistics has gotten the go-ahead to own 100% of the J&J Group, giving Imperial – which is owned by Emirati multinational logistics company DP World – greater access to the continent. Imperial says in a statement on Tuesday that the transaction – which is being processed in tranches of three – will first see a transfer of 51% stake of the company and thereafter a transfer of 46.5% and 2.5% to follow.
“This acquisition strengthens DP World’s position as an end-to-end logistics provider, by adding J&J’s significant presence along these key corridors in Africa – a market where trade is expected to grow at more than twice GDP driven by population growth, accelerated urbanisation and rising middle classes,” DP World CEO Sultan Ahmed Bin Sulayem adds. Imperial was recently acquired by DP World for an estimated R12.7 billion and delisted from the JSE in March.
I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Mike_Rosehart , and I gave Bitcoin trading another try, I successfully withdrew R240,000 after two weeks of trading, am so grateful Mike_Rosehart thank you.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Green light for Seacom acquisition of EOH-NS and Hymax - IT-OnlineSeacom’s acquisition of EOH Network Solutions (EOH-NS) and Hymax, divisions of iOCO and part of EOH Holdings, has been approved by South Africa’s Competition Commission. 1 September 2022 has been earmarked as the first day of integrated operations under the Seacom banner. “Following a brief and satisfactory application process, we are happy with the commission’s […]
Источник: ITOnlineSA - 🏆 16. / 63 Прочитайте больше »
Good news for small companies as state starts paying its bills fasterService providers are getting invoices processed with fewer delays I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Mike_Rosehart , and I gave Bitcoin trading another try, I successfully withdrew R240,000 after two weeks of trading, am so grateful Mike_Rosehart thank you.
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »