News Ticker

Pembani’s merger with Shanduka forms $730mln group

Pembani Group and Shanduka have completed their merger transaction and submitted the necessary regulatory filings to “create a black-controlled pan-African investment holdings group.” The new group will have a portfolio of holdings valued at approximately $730 million, and aims to play “a leading role in in the natural resources, infrastructure and industrial sectors.”

Read more at Business Day…

Leave a comment

Your email address will not be published.