Notable Deals
Major deals include acting for:
- Absa Group Limited's £1.3 billion (ZAR18.3 billion) acquisition of Barclays plc's African operations
- Walmart's ZAR16.5 billion acquisition of a 51% stake in Massmart
- Industrial & Commercial Bank of China (ICBC) US$5.5 billion acquisition of a 20% stake in Standard Bank of South Africa, at the time the largest foreign investment in South Africa
- Bain Capital ZAR25 billion acquisition of Edcon Limited
- Absa Group Limited in the acquisition of 60% of the issued ordinary share capital by Barclays Bank plc’s
- Vodafone ZAR22.5 billion acquisition of 15% of Vodacom
- Actis and Old Mutual in their ZAR5.16 billion secondary buy-out of Alstom (SA) (Proprietary) Limited
- MTN Group (MTN) in a failed merger with India's Bharti Airtel (Bharti), the largest announced but uncompleted merger in South Africa's history with a value of US$23 billion
- AIIF, Macquarie run fund, in the $400m toll road project in Nigeria
- Vale in acquiring BSG Resources
Read more about this topic: Webber Wentzel
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“In the domain of Political Economy, free scientific inquiry meets not merely the same enemies as in all other domains. The peculiar nature of the material it deals with, summons as foes into the field of battle the most violent, mean and malignant passions of the human breast, the Furies of private interest.”
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