Tag: PIC
PIC $272m exit to two families moves ahead
The Public Investment Corporation (PIC) is set to receive approximately $272.7 million for the exit of its stake in South Africa-based industrials company Barloworld,...
Ex-Carlyle portfolio company in $125m raise
Carlyle’s ex Africa-focused agriculture producer is working on plans to raise $125 million to finance expansion across Malawi, Zambia and Rwanda.
The International Finance Corporation...
PIC to exit $272m stake to two families at 4.5x
The Public Investment Corporation (PIC) is set to receive approximately $272.7 million for the exit of its stake in South Africa-based industrials company Barloworld,...
LP sells stake after legal wrangle
An LP has finally exited its stake in a South Africa-based healthcare services provider, following a dispute involving minority shareholders. The LP had taken...
LP buys stake in Africa GP to boost $1.5bn plans
A limited partner (LP) has acquired a stake in an Africa-focused financial services company – a fund manager specialising in infrastructure across the continent....
PIC buys stake in consumer deal
Public Investment Corporation (PIC) has increased its stake in Clicks Group, a South Africa-based consumer goods distribution company.
PIC is investing an undisclosed amount in...