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African Sun completes purchase of Dawn Properties
African Sun floats on ‘gain on bargain purchase’
The deal entailed ASL issuing 616 129 718 new ordinary shares, to be listed on the Zimbabwe Stock Exchange, for 2 457 172 108 shares in Dawn Properties representing 100% of the issued shares, a deal valued at $982,87 million or US$11,79 million.
African Sun floats on ‘gain on bargain purchase’
The deal entailed ASL issuing 616 129 718 new ordinary shares, to be listed on the Zimbabwe Stock Exchange, for 2 457 172 108 shares in Dawn Properties representing 100% of the issued shares, a deal valued at $982,87 million or US$11,79 million.