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Reuters – Carlyle Seals First Africa Deal

Posted on: November 14, 2012 by reuters-newsNo Comments »

Carlyle Group and two other investors will pay $210 million for a stake in pan-African agribusiness Export Trading Group, in the US buyout firm’s debut deal on the fast-growing continent, writes Reuters. Carlyle, Standard Chartered and South African private equity fund Pembani Remgro are to take a minority stake in Tanzania-based ETG, which farms and distributes more than 25 different commodities.

Tags: Carlyle Group, Pembani Remgro, Standard Chartered

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Reuters – Carlyle Seals First Africa Deal

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