Motus Holdings Limited (JSE:MTH) acquired remaining 40% stake in Renault South Africa (Pty) Ltd from Renault SA (ENXTPA:RNO) for ZAR 250 million on April 22, 2021. The purchase consideration will be funded by available cash resources. The transaction is subject to antitrust regulations. As of April 21, 2021 Antitrust regulations approved the deal.

Motus Holdings Limited (JSE:MTH) completed the acquisition of remaining 40% stake in Renault South Africa (Pty) Ltd from Renault SA (ENXTPA:RNO) on April 22, 2021.