Thursday, April 19, 2007

Altech strikes deal with black investors

(Reuters) - South African technology firm Allied Technologies (Altech) has sold part of its tracking system business Altech Alcom Matomo to black investors, the company said on Friday.

Altech did not give financial details, but said in a statement it had agreed a black economic empowerment (BEE) deal with black investment firm Platina Venture Holdings.


Read more at Reuters Africa

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