Patrice Motsepe Tightens Control of Alexforbes After a Decade
African Rainbow Capital (ARC) is set to increase its stake in Alexforbes to nearly 80% following a $185m transaction, according to statements released by Alexforbes and Prudential Financial. The deal comes after Patrice Motsepe’s investment holding firm first bought into South Africa’s largest employee benefits provider and subsequently forced a sweeping overhaul of its corporate … Read more