Probably the last really big BEE deal ...

[blunomore]

Adcock is pleased to announce that it intends pursuing a transaction that will culminate in the introduction of BEE equity participation in Adcock. Adcock is committed to transformation through the introduction of broad-based BEE equity partners into the business to add to the significant progress it has made in the areas of, inter alia, employment equity, skills development, preferential procurement and enterprise development. The transaction will be implemented as part of Adcock’s committed efforts to achieve the objectives set out in the Department of Trade and Industry’s Codes of Good Practice and will take cognisance of the future requirements of a Healthcare Charter. Participants in the transaction will include Adcock’s staff and strategic shareholders (including broad-based BEE groupings). In this regard, Adcock intends identifying prospective broad-based BEE equity partners with experience and expertise in the healthcare industry that can add value and assist Adcock in achieving its strategic and growth objectives ...

http://www.adcock.co.za/article.aspx?ArticleId=56

 

[pope24]

Nope. The next part of the MTN BEE deal will be pretty huge. Even though it probably will only be MTN SA and not MTN group.

 

[blunomore]

I am referring to companies which have not done BEE deals before.