Aveng nets R520m from disposals, says noncore sales to be wrapped up in 2020

Infrastructure and resources group Aveng reported on Thursday that it had secured R520-million from the sale of six noncore businesses, as well as other assets, and that the process of disposing its remaining noncore businesses would be completed during 2020. The three noncore businesses not yet sold include Trident Steel, ACS and Aveng’s mechanical and electrical unit.