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Old Mutual makes a bid for Lekela as Actis plots exit
Pan-African financial services outfit Old Mutual is bidding for Actis’ 60% stake in Lekela Power through its African Infrastructure Investment…
THIS EVENING: EFG looks to tap advisors for FAB acquisition + Draft Labor Act gets final nod from House + Countries tell citizens to leave Ukraine
Good afternoon, folks: It’s a good news / bad news sort of afternoon, with reports of new investment into Egypt’s…
The US securities regulator wants a look in the books of private funds + tech stocks fuel a market comeback
Hedge funds and private equity firms are going the have to make a lot more information public if the Securities…
Private equity eyes the USD 115 bn streaming pie + WFH undermines employee loyalty
Private equity firms are growing more interested in Hollywood production companies as they try to get a slice of the…
Local pharma player Nerhadou attracts private equity interest
Nerhadou may have new minority shareholders: Emerging-market private equity firms Affirma Capital and StonePine have agreed to invest USD 20…
Ezdehar reaches USD 168 mn first close of EMF II fund
Ezdehar reaches USD 168 mn first close of EMF II fund: Private equity firm Ezdehar Management has reached the first…
Ebtikar ups stake in Bee to 99.9% through share swap
Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has…
The private sector really likes higher education
Actis-backed Honoris makes an entry into Egypt with Merit University acquisition: Pan-African private sector higher education operator Honoris United Universities…
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