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This setback follows a period of notable loss of $6.2 million between April 5 and 13, when Arnold’s stake in Eaton decreased from $170.89 million to $164.68 million.
The double-digit rise in the shares of IHS Holdings has added $7.4 million to the market value of Darwish’s stake in the last 13 days.
RMB, the corporate and investment banking arm of FirstRand advised on a groundbreaking $160-million deal.
The follows a notable surge of Ksh481.15 million ($3.63 million) recorded between March 19 and 29.
Anadkat remains one of the wealthiest investors on the Malawi Stock Exchange and a prominent figure among the country’s most successful businessmen.
This gain solidifies Bekker’s position as a prominent South African business leader and a top investor on the JSE.
In a post-meeting interaction, Aig-Imoukhuede reaffirmed the group’s commitment to industry recapitalization and delivering consistent returns to shareholders.
In recent times, the market value of Coumantaros’ stake in Flour Mills has decreased by $6.91 million, falling from $70.74 million on April 12 to $63.83 million.
This follows a previous R227.73 million ($16.8 million) loss between March 28 and April 7, when his stake dipped from R4.57 billion ($244.51 million) to R4.25 billion.
The decline marks a continuation of the previous trend for Soon-Shiong, who previously saw his net worth decrease by $400 million earlier this month, between March 25 and April 3.
Despite this setback, the Merali family remains one of the wealthiest investors on the NSE and a prominent figure among Kenya’s richest families.
Mondi Plc has announced its withdrawal from the £5-billion ($6.2 billion) bid to acquire DS Smith, a UK-based paper, packaging, and recycling group.
The recent decision to ramp up operations, follows Dangote Refinery’s move to slash diesel prices in Nigeria, marking a substantial decrease from previous rates.
The new agreement with BET marks Perry’s latest expansion of his creative empire. This follows his October 2023 multimillion-dollar first-look deal with Netflix.
Despite the decline, the Saltzmans remain prominent investors on the Johannesburg Stock Exchange (JSE).
Mwangi, Kenya’s richest banker, holds a 3.38-percent stake in Equity Group. This equates to 127,809,180 ordinary shares.
