Friday, 12 September 2008

Denel seeks more equity partnerships


September 12, 2008

By Roy Cokayne

Pretoria - Denel is in negotiations with local and international defence firms to conclude equity partnerships for some of the defence parastatal's other businesses.

Talib Sadik, Denel's acting group chief executive, said the company was looking for an equity partnership for its missiles business and the broader Denel Dynamics entity.

"We are in discussions with an interested party. Those discussions are at an exploratory stage," he said this week at a presentation of Denel's latest financial results

http://www.busrep.co.za/index.php?from=rss_&fArticleId=4606522

No comments: