African PE firm ADC backs Zimbabwean bank in $6m deal | AltAssets Private Equity News

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African PE firm ADC backs Zimbabwean bank in $6m deal

29 Dec 2009

A group of investors led by ADC African Development Corporation, an Africa-focused private equity firm, has acquired the majority shareholding in Premier Finance Group. The Zimbabwean banking company was sold for around $6m.

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