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Aveng sells noncore Aveng Water business

By:  
Senior Contributing Editor Online
 
WATER
JSE-listed Aveng will sell Aveng Water and the Aveng Namibia Water business to Cambrose 735, a special purpose vehicle incorporated as a private company, Infinity Partners, for the purpose of the transaction, for R95-million. Infinity Partners is a 100% black-owned company jointly held by E-Squared Investments and Aveng Water’s current MD Suzie Nkambule.
 
 
 
 
 

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