29 Jul 2010 - I-Net Bridge -
IntroRedefine has received unconditional approval from the Competition Tribunal for the acquisition of 19 686 558 units in Hyprop Investment Limited.
Property group Redefine announced on Wednesday that it has received unconditional approval from the Competition Tribunal for the acquisition of 19 686 558 units in Hyprop Investment Limited (HYP) at R50 per unit as well as a subsequent mandatory offer to acquire the remainder of the company.
The units are being acquired from Coronation Asset Management.
Source: I-Net Bridge