Latest Breaking News On - Old mutual alternative investments holdings - Page 1 : comparemela.com

Sasol sells Moz pipeline stake for R5bn as it pares down debt By Dineo Faku Share SASOL on Friday announced the R5 billion sale of a 30 percent stake in its Republic of Mozambique Pipeline Investments Company (Rompco) as part of its asset disinvestment programme aimed at settling debt. The group said it had concluded a sale and purchase agreement with a consortium comprising black empowerment firm, Reatile Group, and the Ideas Fund, one of South Africa s biggest infrastructure funds, which is managed by African Infrastructure Investment Managers, a subsidiary of Old Mutual Alternative Investments Holdings. The proposed transaction is expected to become effective during the second half of 2021.

South africaSouth africanCompanhia moReatile groupNational energy regulator of south africa nersaOld mutual alternative investments holdingsIdeas fundCompetition commissionAfrican gas development companyRepublic of mozambique pipeline investments company rompcoMozambique pipeline investments companyAfrican infrastructure investment managersOld mutual alternative investmentsNational energy regulatorLake charles chemicals projectSouth african gas development company