All posts tagged Brait
Brait et al. close $2.45bn Iceland deal
South Africa’s Brait Capital has backed a $2.45billion (£1.55billion) investment in UK-based frozen foods retailer Iceland Foods.
Brait bids for Iceland
South Africa’s Brait Capital is reportedly amoung the pack of private equity investors backing the management buyout of UK-based frozen food company, Iceland. Brait is partnering with Dubai-based retailer
African PE deals hit $2.6bn
Investors have sealed about $2.6billion worth of private equity in 2011 deals across Africa, according to Perqin data. This year’s investments are almost three times the total $0.89billion reported
Brait invests R4.2bn in Pepkor
Brait has acquired 24.6% of South African clothing retail company Pepkor for R4.178 billion ($596m). The deal places the company’s enterprise value at ZAR16.8 billion and has been valued at
Brait appoints Gnodde as CEO
John Gnodde has been appointed as chief executive officer of Brait Private Equity, following a major restructuring of the company. He takes over from Antony Ball who has resigned
Brait buys 50% of Premier Foods
Brait Private Equity has acquired 49.9% of South African fast moving consumer goods manufacturer Premier Foods for ZAR1.070 billion ($150.26million). The deal includes of ZAR221.2 million of shareholder loans,
Brait touts new fund
Brait Private Equity is reportedly looking to raise up to $700m for a new fund. The South African private equity group is understood to be marketing its new fund
Braits’ earnings rise 50%
South Africa private equity investor Brait has reported a 50% year-on-year rise in attributable earnings, bolstered by its equity and debt investments. The company saw its earnings reach R115.7
Brait sells stake in Freeworld
Brait has reportedly sold its stake in Freeworld Coatings to Japanese Kansai Paint, following the private equity investor’s failed $248.3 million takeover bid for the company. Brait had attained
Brait seeks new BEE partner
South African private equity group Brait is searching for a new black economic empowerment (BEE) partner, following Sitogo Holdings decision to sell its 7.1% stake in the company. Brait










