Emerging Markets, Emerging Russia, Emerging Views
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By Ivan Anderzhanov
Russian investment bank Renaissance Capital has agreed to buy South Africa’s BJM Securities for $28.2m in what is expected to be the first of a string of deals in the continent.
The group, which is expanding more boldly than ever this year into frontier markets, previously said it would buy up to six African [...]
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By Marcus Williams
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Russia’s Renaissance Capital has hired former Merrill Lynch banker Clifford Sacks to lead its South African operation as part of its bold expansion into emerging markets.
According to a report in today’s Financial Times, the Johannesburg business will focus on metals and mining, oil and gas, financial and telecoms.
Renaissance said the bank intends to [...]
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