Actis buys 100-year-old AlstomSA

August 6, 2008
LEADING emerging markets private equity investor Actis yesterday announced that it had acquired one of the country's major electrical engineering firms.
The acquisition of Alstom SA for R5.16billion was done through the newly formed Actis Consortium, which includes Old Mutual Investment Group SA , black economic empowerment (BEE) partners Kagiso and Tiso, and an unnamed private black investor.

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