4th Sep 2015 13:21
LONDON (Alliance News) - Cambria Africa PLC on Friday said it has reached a USD4.8 million settlement with Lonrho Ltd over the claims and counterclaims between the companies.
Under the terms of the deal, Cambria Africa will receive USD4.8 million in full and final settlement of the claims.
The net proceeds are estimated at USD3.5 million after litigation and other costs.
By Samuel Agini; [email protected]; @samuelagini
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