Johannesburg - The acquisition of stockbrokers Barnard Jacobs Mellet Holdings [JSE:BJM] by FirstRand Investment Holdings (Pty) Limited (FRIHL), a wholly-owned subsidiary of FirstRand [JSE:FSR], is a done deal.
The parties said on Tuesday that all regulatory approvals have been received and suspensive conditions to the scheme of arrangement fulfilled.
BJM, which was acquired for a cash consideration of R4.50 per share, will delist from the JSE on January 4.
The parties said on Tuesday that all regulatory approvals have been received and suspensive conditions to the scheme of arrangement fulfilled.
BJM, which was acquired for a cash consideration of R4.50 per share, will delist from the JSE on January 4.