Sasol eyes deal with black group

06 March 2007 - 02:00
By unknown

Fuel giant Sasol is planning an affirmative action deal to sell equity to black investors this year, according to chief executive Pat Davies.

Fuel giant Sasol is planning an affirmative action deal to sell equity to black investors this year, according to chief executive Pat Davies.

"The deal would be larger than the R1,45billion Tshwarisano deal in cash terms," he said, referring to the deal under which a black group bought a 25 percent stake in Sasol's liquid fuels business. - Staff Reporter, Reuters