Why Gunners� deal collapsed - Ghodrati

Thursday, June 12, 2014

BMC chairman, Daroush Ghodrati, has confirmed reports that his commercial partnership negotiations with Extension Gunners collapsed because of disagreement over control of finances. The deal would have meant the dissolution of BMC after a merger with Gunners.

Ghodrati said yesterday that he backed out because he felt the proposed deal did not protect his business interests.

“There were a few areas that we did not agree on in the contract; it was more than one issue. We went back and forth but in the end we did not agree,” Ghodrati told Mmegi Sport. He said that one of Gunners’ demands was related to monetary issues.

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Why Gunners� deal collapsed - Ghodrati

BMC chairman, Daroush Ghodrati, has confirmed reports that his commercial partnership negotiations with Extension Gunners collapsed because of disagreement over control of finances. The deal would have meant the dissolution of BMC after a merger with Gunners.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply