Bloomberg News

Zeder Investments Says 1% of Capespan Shareholders Accept Offer

By Ana Monteiro
September 12, 2011

Sept. 12 (Bloomberg) -- Zeder Investments Ltd. received acceptances from Capespan Group Ltd. shareholders of 2.9 million shares, or about 1 percent of the company’s stock, for its offer of 2.25 rand a share.

Zeder bought another 11.5 percent of Capespan shares in the market, it said in a regulatory filing today.

Link to Statement:{NSN LRF1QB3HHEDC <GO>}

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus