Private schooling group Curro Holdings has confirmed that all suspensive conditions relating to its acquisition by the Jannie Mouton Foundation have been fulfilled or waived, rendering the transaction unconditional and clearing the way for the groups delisting from the JSE.
In a Sens announcement released on Tuesday, Curro announced the scheme of arrangement, which was approved by shareholders at a general meeting on 31 October, will now be implemented.
Implementation of the scheme will result in shareholders recorded on the scheme consideration record date receiving the agreed cash and share consideration. The issued ordinary shares of Curro will thereafter be delisted from the JSEs main board.
