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Deneys Reitz / Africa Legal advise AIG Capital Partners in aqcuisition of minority stake in Blue
Deneys Reitz/ Africa Legal advised AIG Capital Partners, advisers to the AIG Global Emerging Markets Fund II, L.P. (the "Fund"), on all South African and pan-African aspects of the Fund´s recently completed acquisition of a significant minority stake in African mass-market credit provider Blue Financial Services, which has operations in South Africa, Botswana, Zambia and Tanzania and which is expanding into Kenya, Uganda and Cameroon.
Our role included performing a legal due diligence on Blue´s operations in South Africa, Botswana and Zambia, together with a review of the financial regulatory environment, and advising on the local law aspects of the acquisition documents, including security aspects. We also co-ordinated local advice from Botswana and Zambia.
Africa Legal - Online, August 2006.
Africa Legal Team
The Africa Legal team includes English solicitors, South African attorneys, and French, Hong Kong and Zimbabwean qualified lawyers. All team members have extensive pan-African deal experience and share a special interest and expertise in Africa. Click on the names or faces of the team members to see their résumés.
