Efficient Group concludes two acquisitions

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Johannesburg - The Efficient Group [JSE:EFG] announced in a voluntary statement on Wednesday that it has concluded two transactions.

In terms of the transactions Efficient Financial Services, a wholly-owned subsidiary of the Efficient Group, will acquire the business of Vital Consult National Holdings as a going concern and the Efficient Group will acquire the entire issued share capital of Vital Consult Wealth Management.

The effective date of both transactions is 1 March 2017.

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