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Actis announces its fifth Africa deal in a month
Actis, the emerging private equity firm, has announced its fifth African deal in the space of a month by taking a minority stake in Tunisian conglomerate Poulina Group Holding.
Pallinghurst has its story
Johannesburg – Private equity fund Pallinghurst Resources has unused investors’ commitments of up to $750 million (R5.8 billion) available for acquisitions that may attract the group as it grows its holdings in luxury goods, gemstones, and platinum, manganese and iron ore mining.
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
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.
Actis invests $49m in Egyptian food business Mo’men
Emerging markets private equity investor Actis has invested $48.5m in Egyptian food business Mo’men Group for Foods. Actis’s investment will help the group pursue its planned expansion throughout Northern Africa and the Arabian Gulf region, the firm said in a statement.
