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Warrick Haskell, principal of Corporate Finance at Nedbank CIB, says that aligned with Frasers Group’s plan to expand into new markets, the acquisition underscores Nedbank CIB’s strength in cross-border transactions that meet client objectives while supporting economic development. “This transaction reflects the innovation, expertise and market-leading solutions for Nedbank CIB clients.”
“We’re pleased to have partnered with Nedbank CIB on this acquisition,” says James France, chief acquisitions officer at Frasers Group. “Their clear guidance and understanding of the local market were crucial to our success in the process. This acquisition is a key step in growing our business in exciting and growing markets, and we’re optimistic about using the Holdsport platform for further growth in the region.”
This transaction highlights the importance of foreign investment in supporting the country’s growth, as well as Nedbank CIB’s role in connecting international clients with local opportunities.
This article was sponsored by Nedbank CIB.
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