Actis completes two-part Umeme transaction

By Angela Sormani — 2 years ago

Actis has completed a two-part transaction that sees the firm’s subsidiary, Umeme Holdings sell a total 45.7 percent of Ugandan electricity distribution company, Umeme for $98 million. Stanbic acted as lead transaction advisor and Stanbic and Rencap as joint bookrunners.

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Actis seals Cameroonian electricity deal

By Angela Sormani — 2 years ago

Actis has completed the acquisition of the majority interest in three power assets in Cameroon from The AES Corporation. Actis will pay $202 million for a 56% stake in Cameroon’s national integrated utility, Société Nationale d’Electricité (SONEL), and in two independent power plants, Kribi and Dibamba.

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Actis invests in CSH

By Angela Sormani — 2 years ago

Pan-emerging markets investor Actis is investing in Credit Services Holdings, a buy-and-build credit services business. CSH’s first investment will be acquiring 100% of Compuscan, an independent credit bureau in Africa.

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AES to sell Cameroon businesses to Actis

By Angela Sormani — 2 years ago

The AES Corporation is to sell its electric generation and distribution businesses in Cameroon to Actis, a global pan-emerging market investor, for $220 million of net equity proceeds. Total net equity proceeds from the three sales are expected to be $236 million.

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Actis invests in Indian pharma company – Reuters

By Reuters News — 2 years ago

Private equity firm Actis has invested $48 million in Indian pharmaceuticals company Symbiotec Pharmalab for a significant stake, writes Reuters. Symbiotec is a specialist producer of steroid-hormone active pharmaceutical ingredients and has over 200 customers, including large multinationals as well as generic pharmaceutical companies.

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Actis makes two senior hires

By Angela Sormani — 2 years ago

Pan-emerging markets private equity firm Actis has appointed Sachin Korantak as head of industrials and Andreas von Paleske as director of consumer. Both Sachin and Andreas take up their posts with immediate effect and will be based in Actis’s London office.

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Actis Expands South East Asia Senior Team

By Angela Sormani — 3 years ago

Pan-emerging markets private equity firm Actis has appointed Arjun Oberoi as global healthcare sector head and Ivy Santoso as Indonesian country head. Actis invests exclusively in emerging markets with a growing portfolio of investments in Asia, Africa and Latin America.

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peHUB First Read

By Angela Sormani — 3 years ago

This morning the latest headlines reveal a new VC scheme tapping Australia’s superannuation industry, UK leading the way with European VC funding with Russia dominating growth and a breakdown of 2012 tech acquisitions.

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Actis Backs Chinese Healthcare

By Angela Sormani — 3 years ago

Actis has made a significant minority investment in Nanjing Micro-Tech, a manufacturer of specialist medical equipment to both Chinese and international hospitals and surgeries. This investment builds on Actis’ strong track record of healthcare investments in India.

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