Amethis Finance invests $10.5m in Kenya’s Chase Bank

African Venture Capital Association 13 March 2013 Amethis Finance has completed its first private equity investment by injecting USD10.5 in Chase Bank, Kenya. Chase Bank is the fastest growing and one of the most innovative Kenyan banks. It offers a full range of...

Summit in $26m Jumia deal

Summit Partners has invested a reported $26 million (€20million) in Egypt-based e-commerce company Jumia. The investor is understood to be taking a stake in the company through a German-based holding company. The funds are expected to be used to accelerate the...

Daimler aims to raise Kamaz stake

FRANKFURT/MOSCOW, March 11 (Reuters) – German truckmaker Daimler said on Monday it aimed to raise its stake in Russian peer Kamaz, after Kamaz’s Russian shareholder said talks had stalled over price. Daimler, which owns 11 percent of Kamaz directly, has a...

FinancePlus – largest Deal Maker community on the net

FinancePlus is a global investor community that was founded on the basis of the extensive cross-border M&A transaction experience of its owners and members as private equity fund managers and corporate finance advisors. The FinancePlus universe now has more than...