KKM Acquires CDC-Backed Feronia’s Stake in Agribusiness Plantations et Huileries du Congo in Restructuring Deal

Source(s): Africa Capital Digest

Straight KKM 2 (KKM), backed by Kuramo Capital Management and Mafuta Investment Holdings, has agreed to acquire CDC-backed Feronia’s direct and indirect equity interests in Congo-based palm oil agribusiness Plantations et Huileries du Congo. The deal, which is pending approval, will see Feronia delisted from the Canadian Stock Exchange upon completion. Read more