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Heaven-Sent’s VMR deal “just a first step” in South African deal making

Image Credit: Ventures Arrica

Having acquired South African gold and platinum mining company Village Main Reef earlier this year, private equity firm Heaven-Sent Capital (HSE) is looking to increase its investment levels in South Africa, with the troubled mining sector a source of fresh opportunities for the Chinese investor.  Indeed, the company has broader ambitions beyond mining. Moneyweb quotes Jeff Dong principal in HSE’s outbound M&A department as saying that besides the mining sector, other sectors offering good investment potential would be of interest, including energy and jewelry.

Read more at Moneyweb.co.za…

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