Our Corporate Finance Advisory team is one of the largest in the market, and a long-standing market leader in M&A advice in sub-Saharan Africa.
Following Ghana’s release of first-quarter fiscal numbers on June 3 that showed the government missed the budget deficit target, it drew the attention of investors as to whether it represented potential threat to inflation or currency stability.
RMB was appointed as joint lead manager in raising $3bn worth of sovereign bonds on behalf of National Treasury. The issuance was 2.3 times oversubscribed.
Shoprite Checkers has established a black economic empowerment transaction through the formation of the Shoprite Employee Trust, which will increase its effective black empowerment ownership to 19.2%.
RMB’s long-standing relationship with Vivo Energy has led to the bank’s appointment as joint financial adviser on the acquisition of a majority shareholding in Engen from Petronas.
RMB acted as advisor and sponsor to Sanlam in its acquisition of a majority shareholding in AfroCentric. This transaction will add strong healthcare capabilities to Sanlam’s already broad offering.
In a deal worth ZAR 21 billion, RMB fulfilled several key roles on a transaction to assist Life Healthcare to sell its interest in Alliance Medical Group.
RMB has partnered with Asante Gold Corporation (“Asante”) to deliver a comprehensive US$500 million financing package that supports the company’s next phase of growth.