JSE agrees to acquire majority stake in share registry Link Market Services South Africa
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JSE Limited, the operator of the Johannesburg Stock Exchange (JSE), Africa's largest, multi-asset class stock exchange, has agreed to acquire Link Market Services South Africa (Pty) Ltd (Link SA), the second largest share registry business in South Africa (with 6 of the top 40 listed companies as clients), subject to all required approvals, for a cash amount of R224,5m.