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Dlondlobala Capital secures 26% stake in Proconics

By:  
Creamer Media Contributing Editor Online
 
ELECTRICAL ENGINEERING
Electrical, instrumentation and control engineering firm Proconics has concluded a deal that will see private equity newcomer Dlondlobala Capital taking up a 26% stake in the 19-year-old company. “Proconics is committed to meeting the compliance and legislative requirements as laid out by the government’s broad-based black economic-empowerment requirements.
 
 
 
 
 

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