South Africa/Mozambique: Investors awarded Rompco pipeline at last

Issue 439 - 27 May 2021

Pipeline Investments Company (Rompco) to a consortium of Reatile Group and private equity fund manager African Infrastructure Investment Managers (AIIM). Pending he consortium will pay up to R5.145bn ($375m) for the stake, comprising an initial R4.145bn and a deferred payment of up to R1bn which is dependent on agreed milestones being achieved by 30 June 2024.

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