adcorp holdings ltd (ADR:Johannesburg)
Transactions by ADCORP HOLDINGS LTD (ADR) in the last 6 months
Sanlam Investment Management Proprietary Limited on behalf of its clients acquired an unknown stake in Adcorp Holdings Limited (JSE:ADR) on December 2, 2013. After the acquisition, Sanlam Investment Management Proprietary Limited on behalf of its clients owns 12.44% stake in Adcorp.
Adcorp Holdings Limited (JSE:ADR) entered into an agreement to acquire Labour Solutions Australia Pty. Ltd. (LSA) from Andrew Northcott, Ken Warriner, John Moloney and Brian Goldfinch and other shareholders (collectively, sellers) for approximately ZAR 480 million on October 30, 2013. As a part of consideration, Adcorp shall pay a base consideration of ZAR 421 million with an agreed minimum and maximum purchase consideration of ZAR 252.6 million and ZAR 484.2 million, ...
An undisclosed buyer acquired a minority stake in Adcorp Holdings Limited (JSE:ADR) from Investec Asset Management Holdings (Pty) Ltd. on September 10, 2013. Post completion of transaction, Investec Asset Management Holdings (Pty) Ltd. holds 14.9% stake in Adcorp.
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