A CLEAN SHEET /

Finweek English Edition - - NEWS YOU CAN USE -

SA’s Com­pe­ti­tion Tri­bunal said it had ap­proved an R8,4bn of­fer for fi­nan­cial ser­vices group Alexan­der Forbes by a private eq­uity con­sor­tium. The tri­bunal has un­con­di­tion­ally ap­proved the deal, in which Clean­sheet In­vest­ments, the in­vest­ment ve­hi­cle of the con­sor­tium led by Bri­tain’s Ac­tis, of­fered to buy all out­stand­ing stock in Alexan­der Forbes at R16,25/share.

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