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Vunani-owned Manlalux acquires Fairheads International for $17mln

Mandlalux, a subsidiary of JSE-listed Vunani Asset Management, has acquired Fairheads International for $17.2 million.  Fairheads is an investment holding firm with two wholly-owned subsidiaries; Fairheads Benefit Services and Fairheads Corporate Services.  The deal, which is subject to approval from South Africa’s Competition Commission, helps Vunani gain access to a new market as well as strengthening its service offering within the financial services sector.

Read more at Ventures Africa…

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