Bonatla halts Tiffendel buy due to lack of financial information

Posted On Thursday, 11 December 2008 02:00 Published by
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Property company Bonatla has put the acquisition of Tiffendel Property Investments on hold.

Property company Bonatla has put the acquisition of Tiffendel Property Investments on hold.

The company said on Wednesday the acquisition was conditional upon a satisfactory due to diligence being completed and that insufficient financial information was available to Bonatla.

The R120m transaction has been put on hold pending the availabilityof such information, it said.

Source: I-Net Bridge


Publisher: I-Net Bridge
Source: I-Net Bridge

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