Acquisition by New Clicks of New United Pharmaceut
New Clicks Holdings Limited - Announcement
New Clicks Holdings Limited
(incorporated in the Republic of South Africa)
(Registration number 1996/000645/06)
Share code: NCL ISIN: ZAE000014585
("New Clicks")
Acquisition by New Clicks of the business of New United Pharmaceutical
Distributors (Proprietary) Limited ("UPD")
Further to the announcement dated 16 July 2002, relating to New Clicks acquiring
the business of UPD as a going concern, subject to the fulfilment of certain
suspensive conditions, Investec Bank Limited is hereby authorised to announce
that the last remaining condition, being the approval of the acquisition, in
terms of the Competition Act No.89 of 1998 has been met without conditions.
Accordingly the acquisition is unconditional and the effective date of the
acquisition will be 1 January 2003.
Cape Town
6 December 2002
Sponsor
Investec Securities Limited
Merchant Bank
Investec Bank Limited
Attorneys
Sonnenberg Hoffmann Galombik
Date: 06/12/2002 10:00:00 AM Produced by the JSE SENS Department
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