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BRIEF-PPC Ltd says Fairfax makes a partial offer of 2 bln rand

Published 2017-09-04, 08:27 a/m
© Reuters.  BRIEF-PPC Ltd says Fairfax makes a partial offer of 2 bln rand
PPCJ
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Sept 4 (Reuters) - PPC LTD PPCJ.J :

* FAIRFAX AFRICA INVESTMENTS PROPRIETARY DELIVERED A LETTER INDICATING THAT OFFEROR HAS A FIRM INTENTION TO MAKE A PARTIAL OFFER

* OFFER AT A PRICE OF R5.75 PER ORDINARY SHARE OF PPC

* DEAL VALUED AT R2 BILLION OF ISSUED ORDINARY STATED CAPITAL OF PPC

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