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The London-listed and South Africa-active Petra is taking steps to sell its entire shareholding in the Tanzanian entity to Pink Diamonds Investments for a headline consideration of up to $16-million.
The London-listed and South Africa-active Petra is taking steps to sell its entire shareholding in the Tanzanian entity to Pink Diamonds Investments for a headline consideration of up to $16-million.
Richard Duffy, Chief Executive of Petra, commented: "Since we entered into the previous transaction with Pink Diamonds, it has become increasingly clear to both Petra and Pink Diamonds that it ...