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Announced

Completed

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

African Rainbow Capital Investments (arci)

target

African Rainbow Capital Investments (arci)

African Rainbow Capital

bidder

African Rainbow Capital

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