Following the receipt of the necessary regulatory approvals, Wendel announced that it has finalized the sale of its stake in Saham Group. This transaction generated a net cash position of $ 155 million for Wendel. Remember that five years ago, Wendel had invested 100 million euros in the insurer. In five years, the capital gain…...
Trending
- Kamel Koné: “Local content must become a real lever for value creation for African companies”
- Cameroon: Minister of Mines awards an “illegal” company in 2024
- Central African Republic: World Bank provides $90 million to open up the country and boost energy
- Cameroon: The Autonomous Port of Kribi anticipates a railway turning point for its logistics chain
- Senegal: SCI NSAR obtains over 830 million FCFA against Polyethylene Senegal
- Gunvor Case: Swiss justice investigates approximately one billion USD oil contract concluded with Gabon
- Cameroon: IMF warns about the financial consequences of the renationalization of Eneo
- Senegal: Over 7.7 billion CFA francs saved through financial mediation in 16 years
Sale of Saham Group brings $ 155 million to Wendel
By Editor
Editor
Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com