Credit group to pick up Edcon’s pieces after Bain’s forgettable Africa buyout

 Credit group to pick up Edcon’s pieces after Bain’s forgettable Africa buyout
Six years after Boston private equity major Bain Capital made an embarrassing exit from its big-ticket deal in Africa, a South African credit group is stepping in to pick up the pieces. Bain had sealed an ambitious ZAR25 billion take-private deal 15 years ago for retail group Edcon and delisted […]
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Vivek Sinha

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