Tag: PIC
PIC in follow-on deal
Public Investment Corporation (PIC) has sealed a follow-on deal, backing a South Africa-based real estate company, Growthpoint Properties.
PIC has acquired an additional stake in...
PIC in PIPE deal
Public Investment Corporation (PIC) raised its stake in a South Africa-based consumer retail company, through a private investment in public equity (PIPE) deal.
The pension’s...
PIC manager moves to Aequalitas
Public Investment Corporation’s (PIC) environmental, social and governance (ESG) manager Hangwi Manavhela has joined Aequalitas Capital Partners.
She has been brought in as partner and...
PIC portfolio buys company
Public Investment Corporation’s (PIC) pharmaceuticals portfolio company has signed a deal to acquire a South Africa-based consumer products manufacturer.
Adcock Ingram is wholly acquiring Plush...
PIC in partial exit
Public Investment Corporation (PIC) has partially exited its stake in a South Africa-based pharmaceutical products producer.
The pension’s manager has sold part of its stake...
PIC deals head terminated
South Africa’s Public Investment Corporation’s (PIC) suspended executive head of listed investments Fidelis Madavo has finally been terminated, following investigations into investment irregularities.
This follows...