Deal formalized

Financial content provider, McGregor BFA formalises relationship with MWEB Business, and become a wholly owned subsidiary of MWEB Business and together with LegalNet forms the content service provider division of the Internet company's business.

McGregor BFA's products are designed to run either on local area networks (LAN) with the data content residing on a client's server for quick and easy access via the users' desktops or via the internet.

Subscription to McGregor BFA supplies customers with real-time and archived information on listed and non-listed South African companies, local and international economic data as well as international financial indicators and currency exchange data.