NEWSWATCH: Tokyo Sexwale's Mvelaphanda Group (Mvela) said yesterday, Tuesday, 30 October 2007, that it had finalised a deal to buy a direct stake of up to 30% in Johncom's media assets from majority shareholder Allan Gray, according to Business Day. The assets will be listed shortly as Opco, or Avusa, if shareholders vote today in favour of the replacement name.
Simone Puterman is assisant editor at Bizcommunity.com. After majoring in Psychology and Linguistics at Rhodes University, and then completing her Honours in Psychology, she has been in the world of B2B publishing for over 10 years. Contact her at simone@bizcommunity.com. Follow her on Twitter as @SimoneBiz.