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Federal-Mogul.


Federal-Mogul completed sales agreements for its South African aftermarket Aftermarket

See: Secondary market.


aftermarket

See secondary market.
 operations. Federal-Mogul sold its South African distribution operations to Chariots Holding Ltd., a public company traded on the Johannesburg Stock Exchange Johannesburg Stock Exchange (JSE)

Established in 1886, the Johannesburg Stock Exchange is the only stock exchange in South Africa. Gold and mining stocks form the majority of shares listed.
, and sold its South African retail operations to Lexshell 16 Investment Holdings (Proprietary) Ltd., a private investment company located in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. .
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:sells its South African operations
Publication:Rubber World
Article Type:Brief Article
Date:Jul 1, 1997
Words:52
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