African Bank, led by Kennedy Bungane, completes $28 million Grindrod unit deal
African Bank completes a $28 million Grindrod asset deal, expanding its portfolio with loans, property stakes, and mortgage bonds in South Africa’s financial sector.
Grindrod Bank
African Bank to acquire Johann Rupert-linked Grindrod in $97-million deal
Grindrod is a freight logistics and shipping services company owned in part by Rupert’s Remgro Limited.
Johann Rupert-linked Grindrod is looking for buyers for its banking subsidiary
Grindrod is a global freight logistics and shipping services company.