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Tharisa Minerals, a subsidiary of Tharisa plc, will acquire mining equipment, strategic components, site infrastructure and spare parts from MCC Contracts, and transfer employees, effective October 1, 2017. The purchase consideration totals ZAR 300 million.
“Tharisa announces that the agreement relating to the acquisition by Tharisa Minerals of the mining equipment from MCC Contracts is unconditional and the transaction will be effective from 1 October 2017.”investegate.co.uk
Summarized from public sources; check the original articles before acting on it.