THE acquisition of stockbrokers Barnard Jacobs Mellet Holdings Limited (BJM) by FirstRand Investment Holdings limited , a wholly owned subsidiary of FirstRand, is a done deal.
The parties said yesterday that all regulatory approvals have been received and suspensive conditions to the scheme of arrangement fulfilled.
BJM was acquired for a cash consideration of R4,50 a share.
FirstRand buys BJM brokers
THE acquisition of stockbrokers Barnard Jacobs Mellet Holdings Limited (BJM) by FirstRand Investment Holdings limited , a wholly owned subsidiary of FirstRand, is a done deal.
The parties said yesterday that all regulatory approvals have been received and suspensive conditions to the scheme of arrangement fulfilled.
BJM was acquired for a cash consideration of R4,50 a share.
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