Investec to acquire a majority stake in Capitalmind.

Investec, an Anglo-South African international banking and wealth management group, agreed to acquire a majority stake in Capitalmind, a global corporate finance advisory firm. Financial terms were not disclosed. "This acquisition is consistent with our European growth strategy, and in particular our commitment to growing our capital light revenue base. In a single transaction, it provides us with a footprint across the major economies of Western Europe, significantly enhancing our ability to bring international solutions to our clients," Ruth Leas, Investec Bank CEO.