Company Data
| Last traded |
R160.31 |
| Change |
R2.81 |
| % Change |
1.78% |
| Cumulative volume |
1.46m |
| Market cap |
R33.64bn |
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May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
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May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - Transport group Imperial Holdings [JSE:IPL] agreed to
pay $368m to buy a German-based logistics firm, it said on Friday, in a move
that expands its existing business in Europe's biggest economy.
Imperial, which also operates auto retail and rental
business, said it would pay €173m for Lehnkering Holdings and assume its net
debt of €97m.
Duisburg-based Lehnkering is one of Europe's logistics
businesses and its vessels and trucks haul everything from steel to gas.
"Lehnkering provides us with the ideal opportunity to
deliver on our strategy of growing our German operations and to open further
opportunities into Europe and global emerging markets which are served by
German exports," Hubert Brody, Imperial's chief executive officer, said in
a statement.
Imperial said the acquisition, which would be funded through
new euro-denominated banking facilities, would enhance its earnings by 4.4%.