Bidvest Nam to delist from NSX

21 May 2019 | Business

Bidvest Namibia will delist from the Namibian Stock Exchange (NSX) on 11 June, the company said in an announcement on the local bourse.
This follows a binding offer in March from the JSE-listed Bidvest Group Ltd to acquire all of the outstanding ordinary shares of BVN not currently held by the Bidvest Group.
Bidvest Namibia is listed on the Overall Index of the NSX. At the close of business on Monday, it had a total market capitalisation of more than N$2.1 billion, making it the fourth biggest company on the index.
Bidvest Namibia closed Monday at N$9.94 per share.
Read the full report tomorrow in Market Watch.

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