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Mar 14, 2012· Eqstra sells mining unit to for R475m. 14th March 2012 By: Natasha Odendaal - Creamer Media Senior Deputy Editor
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Mar 03, 2015· Eqstra Holdings was going to reduce its exposure to contract mining, but it was not yet ready to sell the troubled business, said CEO Walter Hill on Tuesday. He said Eqstra would not sell its contract mining business in a "depressed market". He said it would be prudent to first make the business more attractive by turning it around and paying off its debt, before considering potential ...
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May 30, 2012· ALEC HOGG: Barloworld today invested almost R1.5bn in upping its exposure to the African mining equipment market.This was through the purchase of the local licence to Bucyros, previously owned by ...
Eqstra Holdings Limited | 1,135 followers on LinkedIn. Eqstra's core business is the distribution, long-term lease and rental of mobile capital equipment and the provision of related value-added annuity services to clients in the construction, mining, industrial and commercial sectors in South Africa, the rest of Africa, the United Kingdom and Ireland.
Barloworld to shell out $175m for Bucyrus unit. May 31, 2012 The purchase price includes R475m that will be paid to listed Eqstra for its mining services business involved in the sale and support of Bucyrus products in South Africa and Botswana.get price
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Construction and Mining Equipment - EQSTRA HOLDINGS … Approximately 70% of the division's revenues for the year were generated from new equipment sales and 30% from the aftermarket sales of parts and services. Towards the end of the financial year, the Eqstra Mining Services (Bucyrus) business unit was sold.
Oct 03, 2011· (The following statement was released by the rating agency) Oct 03--- Lower funding costs and a stronger revenue base have led to improved financial performance for Eqstra Holdings Ltd. (Eqstra ...
May 31, 2012· Earlier, in January, inked a deal to sell Bucyrus' distribution and support unit in South America, Western Canada and the United Kingdom, to Finning International Inc for $465 million.
The decision to sell the Eqstra Mining Services (Bucyrus) business unit was based on the need to simplify the distribution channels for products in South Africa. The division benefited from the transaction as goodwill of R137 million was realised on the sale of the business unit.
Eqstra Holdings Limited | 1,115 followers on LinkedIn. Eqstra's core business is the distribution, long-term lease and rental of mobile capital equipment and the provision of related value-added annuity services to clients in the construction, mining, industrial and commercial sectors in South Africa, the rest of Africa, the United Kingdom and Ireland.
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Mar 14, 2012· Eqstra sells mining unit to for R475m. 14th March 2012 By: Natasha Odendaal - Creamer Media Senior Deputy Editor
The common stock currently sells for $34 per share and has a beta of 1.25 the preferred stock currently sells for $91 per share and the bonds have 15 years to maturity and sell for 93 percent of par. The market risk premium is 8.5 percent T-bills are yielding 5 percent and Titan Mining…
Jun 16, 2016· The group now plans to sell on auction these assets and mining equipment in South Africa held for sale for a minimum of ZAR802.9-million over the next two years. On Monday 6 June, Eqstra said that it was imperative the assets be sold to improve the group's liquidity position.
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Eqstra Construction And Mining Equipment. Jul 15, 2020· Eqstra Construction and Mining Equipment Given the COVID-19 pandemic, call ahead to verify hours, and remember to practice social distancing No tips and reviews. Read More. Eqstra Construction Ampamp Mining Equipment. EQSTRA HOLDINGS LIMITED - INDUSTRIAL EQUIPMENT.
eqstra sells mining unit to xinhai for r475m_Eqstra sells mining unit to for R475mContract mining and equipment group Eqstra has sold its mining services business units in South Africa and Botswana to mining equipment provider
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Advising Eqstra Mining Services in the disposal of its mining services business units in South Africa and Botswana to mining equipment provider Global Mining units. Q1 2012 (announced March 15; value R475m) - DealMakers Botswana Corporate/M&A Advised Diamond Core Resources in relation to its merger with BRC Diamond Corporation in ...
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May 31, 2012· The purchase price includes R475m that will be paid to listed Eqstra for its mining services business involved in the sale and support of Bucyrus products in South Africa and Botswana.
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Eqstra bought out in deal IOL. Eqstra is a holding company that currently has three units: Eqstra Industrial Equipment (EIE), Fleet Management Logistics (FML), and Contract Mining Plant Rental (CMPR), also known as MCC.
Mar 14, 2012· Contract mining and equipment group Eqstra has sold its mining services business units in South Africa and Botswana to mining equipment provider Global Mining. The units…