Murray & Roberts sells entire stake in Gautrain for R1.3bn
The engineering group aims to reduce its debt and ease a cash crunch through the deal
01 December 2022 - 10:47
Murray & Roberts (M&R) has sold its entire investment in the Gautrain in a R1.3bn deal that the aims to reduce debt and help ease a cash crunch for one of SA’s most iconic engineering groups.
M&R holds investments in Gautrain through its 50% shareholding in the Bombela Concession Company (BCC)...
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