The Public Investment Corporation (PIC) has appointed Abel Sithole as its new chief executive officer (CEO). He takes over Vuyani Hako, who has been acting … more
Tag Archives: PIC
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RMB Corvest exits to PE-backed company
RMB Corvest has signed a deal to sell it’s stake in a South Africa-based consumer products producer to a private equity backed company. The investor … more
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PIC portfolio deal finalised
Public Investment Corporation’s (PIC) pharmaceuticals portfolio company’s deal to acquire a South Africa-based consumer products manufacturer has been finalised. Adcock Ingram has wholly acquired Plush … more
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PIC portfolio files for business rescue
Public Investment Corporation’s (PIC) South Africa-based consumer retail portfolio company Edcon has filed for business rescue – which protects the company from its creditors, as … more
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PIC in follow-on deal
Public Investment Corporation (PIC) has sealed a follow-on deal, backing a South Africa-based real estate company, Growthpoint Properties. PIC has acquired an additional stake in … more
