RLO
RLO
RLO - Reunert - Reunert Buys 60 Percent Stake In Siemens Enterprise
Communications (Pty) Ltd. From Siemens Ltd.
REUNERT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1913/004355/06
ISIN: ZAE000057428
JSE Code: RLO
("Reunert")
REUNERT BUYS 60 PERCENT STAKE IN SIEMENS ENTERPRISE COMMUNICATIONS (Pty)
Ltd. FROM SIEMENS LTD.
Reunert and Siemens Ltd. South Africa have concluded an agreement to
transfer Siemens` remaining 60-percent stake in Siemens Enterprise
Communications (Pty) Ltd. to Reunert. With this transaction, the JSE-listed
company will hold 100-percent in Siemens Enterprise Communications (Pty)
Ltd. The transaction is still subject to approval by the South African
competition authorities. The value of the transaction has not been
disclosed.
Sandton
30 September 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/09/2009 12:47:01 Produced by the JSE SENS Department.
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