PME African Infrastructure Opps has agreed a further extension of an option to sell assets valued at US$4.3m
June 2017 — PME African Infrastructure Opportunities plc has agreed an extension of a put option via its wholly owned subsidiary PME Locomotives (Mauritius) Limited, to require Sheltam (Mauritus) Limited to purchase any one more of the three C30 locomotives still owned by PME Locomotives. The option was exercised by PME Locomotives on 2 February 2017 with a US$4.25 million settlement.
PME African Infrastructure Opportunities plc (LSE:PMEA), based in the UK, is an investor in infrastructure projects across sub-Saharan Africa, listed on the AIM Market of the London Stock Exchange.
Our role in the transaction
Oaklins Smith & Williamson, based in the UK, acted as Nominated Advisor (Nomad) to PME African Infrastructure Opportunities in this transaction and on an ongoing basis.
Talk to the deal team
Related deals
Matrix Claims Services, Ennis & Associates and Cardinal Claims Services have been acquired by HF
Matrix Claims Services, Ennis & Associates and Cardinal Claims Services have been acquired by HF Limited, expanding its presence in Dublin and enhancing its insurance claims management and defense litigation offering. Together, the businesses create a scaled platform capable of supporting insurers throughout the claims lifecycle.
Learn moreEducbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn moreKruso Kapital has translisted from Euronext Growth Milan to Euronext Milan
Kruso Kapital S.p.A. has translisted from Euronext Growth Milan to Euronext Milan.
Learn more