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Steinhoff takes over logistics provider

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Published in issue 40/2004
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Steinhoff International Holdings Ltd. of Johannesburg/South Africa announced on 3 September 2004 that it intended to exercise its preemptive right to acquire 44 % of the equity of the logistics company Unitrans. The purchase price is likely to be in the region of R932.9m. Steinhoff acquired a 26 % stake in Unitrans in ...

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