MEDIA STATEMENT FOR IMMEDIATE RELEASE 21 November 2023 AFRICAN RAINBOW CAPITAL ZAR750 MILLION FULLY COMMITTED AND UNDERWRITTEN PRO-RATA NON-RENOUNCEABLE RIGHTS OFFER The ZAR750 Million Rights Offer is to boost ARC Investments growth plans and bolster the ARC Fund. …
Empowerment investment holding company African Rainbow Capital (ARC) Investments plans to raise R750-million through a fully committed and underwritten non-renounceable rights offer. The rights offer is aimed at raising additional capital for ARC Investments to invest in the ARC Fund…
African Rainbow Capital Investments (ARC Invest) is planning to raise R750 million through a rights offer which is set to begin on Monday, 4 December 2023. ARC Invest is an empowerment investment holding company with shareholdings in numerous high-profile businesses,…
Proceeds will be ploughed into the group’s ARC Fund to beef up investment in companies including Rain and TymeBank and to finance possible acquisitions African Rainbow Capital (ARC) Investments wants to raise R750m in a rights offer to finance the…
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