Monthly Archives: August 2008
Private equity funds for Africa
Private-equity firms are becoming increasingly active in Africa, as the slowdown in the developed markets drives investors to seek opportunities in its burgeoning resource-rich, consumer-driven economies, according to a report… Read more
More hires on Investec debt & private equity
Mid-market investment bank Investec has made two hires to its London business in private equity and debt advisory, citing a rise in demand from corporates and financial sponsors for advice… Read more
Africa’s potential to buyout firms
Investors are more at ease with the continent’s risks Geographer George Kimble once said: “The darkest thing about Africa has always been our ignorance of it”. With mature markets subdued because of the economic downturn, ignorance is being addressed by private equity groups attracted by opportunities in its resource-rich, consumer-driven economies.
Actis Consortium acquires Alstom South Africa
Actis, a leading private equity investor in emerging markets, announced today that it has formed a consortium to acquire Alstom South Africa, a major electrical engineering, manufacturing, distribution and contracting business, for about R5 billion.
Enviroserv shares rocket on buyout offer
Shares in Enviroserv Holdings jumped as much as 16% to a record high yesterday, a day after it announcing a buyout offer of R1.88 billion from a private equity group.
