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Tharisa simplifies BEE interests in new equities deal

Tharisa simplifies BEE interests in new equities deal

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Tharisa PLC (LSE:THS, JSE:THA) has announced an agreement that sees it acquire the interests in the Tharisa Mine, in South Africa, held by black economic empowerment stakeholders which will instead receive share in the larger group. The agreement sees the 26% interest in the Tharisa Minerals Proprietary Limited subsidiary held by BEE stakeholders acquired for US$25.6mln  (ZAR 390mln) paid in Tharisa Plc shares.

...read full article on Proactive Investors

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