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IMPERIAL in the News
IMPERIAL buys stake in Nigerian logistics company MDS
13 May 2013
LOGISTICS group IMPERIAL has acquired 49% of MDS, a logistics company in Nigeria, for $26m in cash. Imperial said on Monday the transaction was an entry point into the logistics sector to service Nigeria’s fast-moving consumable goods, telecommunications and pharmaceutical industries.
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IMPERIAL acquires 49% of Nigerian logistics provider
13 May 2013
The JSE-listed IMPERIAL Group had acquired 49% of Nigerian logistics provider MDS in a $26-million deal, the group announced on Monday. The transaction provided the Imperial group entry into the logistics sector of the rapidly expanding Nigerian fast-moving consumer goods, telecommunications and pharmaceutical industries, the company noted.
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IMPERIAL strengthens footprint in Africa
13 May 2013
One of Africa's largest companies has bought a stake in a leading Nigerian logistics provider in a bid to increase its representation in the country IMPERIAL Holdings Limited has acquired 49 percent of MDS, a leading logistics provider in Nigeria, for a cash consideration of US$26 million.
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