Brief: Net1 To Reduce Shareholding In DNI To 38 Percent To Settle Zar 400 Million Vendor Obligation
06/03/2019 21:10
March 6 (Reuters) - Net 1 UEPS Technologies Inc UEPS.O :
* NET1 TO REDUCE SHAREHOLDING IN DNI TO 38% TO SETTLE ZAR
400
MILLION VENDOR OBLIGATION
* NET 1 UEPS TECHNOLOGIES - CO'S SOUTH AFRICAN UNIT ENTERED
INTO
TRANSACTION WITH CURRENT MINORITY SHAREHOLDERS OF DNI-4PL
CONTRACTS PROPRIETARY LIMITED
Source text for Eikon: ID:nGNX1bZQ76
Further company coverage: UEPS.O
((Briefs@thomsonreuters.com;))
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