• Clamouring for action

    2017 will see battles between politicians as well as those tired of politicking, says Daniel Silke.

  • Realistic dreaming

    Preparation and sound advice will turn entrepreneurial dreams into reality, says Ian Mann.

  • SA versus Cuba

    Cuba’s successes are worth a good look with the aim of emulating them, says Mandi Smallhorne.

All data is delayed
Loading...
See More

Curro concludes inter-group deals

Dec 12 2012 12:27
I-Net Bridge

Johannesburg - Private schooling company Curro Holdings has sold its subsidiary‚ Educatum Management Services Proprietary‚ to Meridian College Schools for R25m in cash as part of an inter-group restructuring deal. 

The proceeds of the disposal will be used to settle existing liability and ongoing working capital requirements‚ Curro said on Wednesday in a statement. 

At the same time‚ Meridian College Schools has sold its movable assets and intangible assets to Curro’s subsidiary‚ Campus and Property Management Company Proprietary‚ for R25m in cash. 

The proceeds of the acquisition were utilised by Meridian College Schools to settle the consideration due to Curro in respect of the disposal.

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

curro holdings

NEXT ON FIN24X

Assore to get new CEO

2016-12-06 12:24

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about: SMALL BUSINESS

From fossils to finance – that’s been the career trajectory of Dr Merrill van der Walt, a palaeontologist until recently. She is now a statistician with a difference.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA's avoidance of junk status by rating agencies: Moody's and Fitch

Previous results · Suggest a vote

Loading...