Prominent private power firm in SA hires Goldman Sachs to explore sale option | Business


by News24

News24— Red Rocket, a South African independent power provider, hired Goldman Sachs Group to advise on the next steps for the closely held business — including a possible sale. Shareholders of the Cape Town-based company “have decided to explore strategic options,” for the business.

Yahoo Finance Canada—VIVOPOWER ANNOUNCES SALE OF AUSTRALIAN CRITICAL POWER BUSINESS UNIT. VivoPower International PLC (Nasdaq: VVPR, "VivoPower” or the "Company”) is pleased to announce that it has entered into a definitive asset sale agreement for the sale of one of its non-core busine

BNN Bloomberg—Private Equity Firm Advent Explores Deal to Take Over Oman’s OQ Chemicals. Advent International is in talks with Oman about a potential move to inject fresh capital into OQ Chemicals in exchange for a majority stake in the company, people familiar with the matter said.

TechCrunch—Zomato's quick commerce business now more valuable than its food delivery, says Goldman Sachs. Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato’s food […] © 2024 TechCrunch. All rights reserved. For personal use only.