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BAE Systems to sell Land Systems South Africa to Denel

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BAE Systems has agreed to sell its holding in BAE Systems Land Systems South Africa (LSSA) to South Africa's Denel for SAR855 million (USD79.85 million). The deal, announced by BAE Systems on 11 August, will see state-owned Denel acquire BAE Systems' 75% holding and the 25% held by DGD

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