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The purchase price will be settled by the Fund through the issue of units. Medu Capital, a South African private equity firm, has acquired universal paints and increased its shareholding in Elite.
Infinity Trust Mortgage Bank earnings hit N1.005bn in 2018 Infinity Trust Mortgage Bank grows deposits by 110% – Daily Trust – infinity trust mortgage bank plc, said it was able to grow customer deposits from N1.176 billion in 2017 to N2.467bn in 2018, an increase of 110 per cent, despite the harsh operating environment.
GardaWorld International, a Canadian security services firm, has acquired African-based and Nairobi-headquartered KK Security. KK Security has a seven-country african footprint which gives GardaWorld.
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Holdsport has acquired the business of African Nature, a local manufacturer of cotton-based technical and outdoor clothing. The purchase consideration was undisclosed. Visual International has sold.
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Bothma Diamonte CC has made a binding offer to Canadian company Tango Mining to acquire its 51% stake in African Star Minerals. same vessel under a single bill of lading. (DealMakers is SA’s M&A.
Oberthur Technologies, a South African company and global provider of embedded security software products, services and solutions, has acquired Xantium Integrated Solutions, a local supplier of cards.
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African Rainbow Capital has acquired a 49% stake in Sinayo Securities for an undisclosed sum. Anglo African Agriculture which is listed on the LSE, has announced the acquisition of a 46.8% stake in.