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Mvela, Johncom deal goes through

NEWSWATCH: Tokyo Sexwale's Mvelaphanda Group (Mvela) said yesterday, Tuesday, 30 October 2007, that it had finalised a deal to buy a direct stake of up to 30% in Johncom's media assets from majority shareholder Allan Gray, according to Business Day. The assets will be listed shortly as Opco, or Avusa, if shareholders vote today in favour of the replacement name.

About Simone Puterman

Simone Puterman (@SimoneAtLarge) is currently editor-at-large at Marklives.com and deputy chair of the Sanef online editors subcommittee. After majoring in psychology and linguistics at Rhodes University, and then completing her honours in psychology, she has been in the world of B2B publishing since 1997, with 7.5 year stints at both WriteStuff Publishing and Bizcommunity.com (March 2006-August 2013). Email her at moc.sevilkram@enomis.

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