Lebashe Investment Group to be first choice of buyer for Gallo Music Group
Lebashe has been granted a right of first refusal to purchase Gallo
29 July 2019 - 19:17
Lebashe Investment Group, which is buying Tiso Blackstar's media assets for R1.05bn, has been granted a right of first refusal if the company elects to sell its interest in Gallo next year.
Tiso Blackstar announced on Monday that Lebashe had been granted a right of first refusal to purchase Gallo within 12 months after the sale of its SA radio assets if Tiso wished to sell them during that time. The businesses include Gallo Record Company and Gallo Music Publishers. ..
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