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IMPERIAL investigating new acquisitions
03 June 2009
IMPERIAL's CEO, Hubert Brody, was quoted in Business Day as saying that acquisition opportunities were "opening up now". This could mean that IMPERIAL intended to grow the car rental and tourism unit into a bigger portion of its overall portfolio. This follows on the announcement that the group's Europcar SA subsidiary plans to invest R100 million in amongst other things, staff development and technology.
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