08:46:21
Mvela Group may focus on Avusa if sells Absa stake
MVG
Posted Fri, 03 Feb 2012
Mvela Group may focus on Avusa if sells Absa stake
MVG
Posted Fri, 03 Feb 2012
According to Business Report, Mvela Group may focus on Avusa Ltd and to a lesser extent, Life Healthcare Group Ltd, in the medium to longer term, if the company's planned disposal of its effective 2% stake in Absa Group Ltd ("Absa") goes ahead. The CE of Blackstar Group SE, which has just purchased a 28% stake in Mvela Group, Andrew Bonamour, who is also the interim CE of Mvela Group, declined to comment, but did confirm that that the company wanted to sell its Absa shareholding and "do something around Avusa."
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