African Rainbow Capital completed the acquisition of a 51.18% stake in African Rainbow Capital Investments.

Synopsis

African Rainbow Capital, a fully black-owned and controlled investment company, completed the acquisition of a 51.18% stake in African Rainbow Capital Investments, a Mauritius-incorporated listed investment company. Financial terms were not disclosed.

Principals

target

African Rainbow Capital Investments (arci)

bidder

African Rainbow Capital

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Market Context

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Seller Team (1)

nick lazanakis

Head Of Corporate Finance at BDO

Accountant

target

Deals

£ 5.35 B

Total Value

Bidder Team (1)

johan van der merwe

CEO and Executive Director at AFRICAN RAINBOW CAPITAL

Investor

bidder

Deal

n/a

Total Value