korbitecMIH, a division of Naspers has bought 51% of Korbitec's property division for R158Million. The property section of Korbitec includes GhostConvey, Windeed and Bank Services. Property24 will be merged into the new business which should provide a better end-to-end solution to the industry.
Source of information: Business Day 27th November 2009 and Korbitec.

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