AVUSA, owners of Sowetan, said on Friday that it had concluded a due diligence agreement with a consortium led by private equity firm Capitau Holdings, from which it received an unsolicited expression of interest in March to acquire the entire issued share capital of the group.
The due diligence deal was a prerequisite to the start of the due diligence, which begins on July 12.
Avusa's due diligence
AVUSA, owners of Sowetan, said on Friday that it had concluded a due diligence agreement with a consortium led by private equity firm Capitau Holdings, from which it received an unsolicited expression of interest in March to acquire the entire issued share capital of the group.
The due diligence deal was a prerequisite to the start of the due diligence, which begins on July 12.
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