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Afrimat makes R2.1bn offer for Universal Coal

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In pursuit of a diversification strategy - buildings material supplier, Afrimat, now stands as the sole bidder for Australia listed Universal Coal for up to R2.1bn. So, what exactly will the company bring into the Afrimat stable.

The move, according to CEO Andries van Heerden, is part of Afrimat's strategy to diversify its portfolio.
He added that the group is considering "various financing alternatives" for the proposed deal.

Afrimat CEO Andries van Heerden talks to Business Day TV for more on the offer.
8 Apr 2019 2AM English South Africa Business · Business News

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