Extremely Wealthy
Billionaire Motsepe Said to Eye More Than 3 Billion Rand in IPO
African Rainbow Capital Ltd., a South African financial-services firm started by Patrice Motsepe, the richest black South African, plans to raise more than 3 billion rand ($234 million) in an initial public offering of its investment-holding unit, according to people familiar with the matter. ARC, as it’s known, will fold…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg