Story thread · 2 reports / 2 sources

Prudential Exits AlexForbes as Motsepe’s ARC Boosts Stake

bloomberg.com · 8h · first report

A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd. through a deal that will see US financial-services giant Prudential Financial Inc. exit its investment in South Africa’s biggest standalone retirement-fund administrator.

The coverage

  1. News24 | Motsepe’s ARC to hold 78% of Alexforbes, analyst says delisting may follow

    news24.com · 5h

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