Austrian Kapsch Acquires 51.4% in South African J/V Partner

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MANAVIGATOR-April 12, 2010-Austrian Kapsch acquires 51.4% in South African J/V partner (C)2010 M2 COMMUNICATIONS http:// www.m2.com

Austrian road transport telematics firm Kapsch TrafficCom AG (WBAG:KTCG) said Friday it purchased 51.4% in TMT Services and Supplies, its South African joint venture partner, for some ZAR75m (USD10.4m/EUR7.6m).

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Austrian Kapsch Acquires 51.4% in South African J/V Partner

The deal was implemented wit...

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