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Brandrill's South African deal collapses

DRILL and blast contractor Brandrill is continuing to struggle to sell its South African subsidiary Brandrill South Africa (BDSA), with black economic empowerment group Mettle deciding not to go ahead with a cashless acquisition of the business.

Michael Quinn
Brandrill's South African deal collapses

Mettle, a subsidiary of Johannesburg-listed Hoskens Consolidated Investments, was to have loaned BDSA $300,000 for it to acquire the 49% of Brandrill Torrex (BTX) it does not currently own. Mettle was...

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