Management buys out Ceezed for 拢500k

Contractor Costain has sold its Zimbabwean building business to a management buy-out for 拢500,000 in cash.

The contractor said its interests in the Zimbabwe contracting business, Ceezed Construction, formerly known as Costain Zimbabwe, have been sold 鈥渢o a consortium headed by Ceezed executive chairman, Mr T.P. Chimuriwo.鈥�

Costain said it will have no future involvement in Ceezed.

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