Charles Smith

• Advising Imperial Logistics on*:
• DP World’s ZAR12.7bn takeover bid for Imperial Logistics; and
• the disposal of its European shipping business for ZAR3.6bn.

• Advising Standard Bank, as majority shareholder, on its ZAR10.6bn cash and shares take private offer for Liberty Holdings.*
• Advising One Thousand and One Voices and Crossfin on their acquisition of Sybrin from EOH.*

• Advising Alexforbes on*:
• the ZAR2.35bn acquisition by Prudential Financial Inc. of a strategic minority interest in Alexforbes by way of bilateral acquisiton from Mercer and subsequent partial tender offer;
• the ZAR2bn divestment by Mercer of its anchor shareholding in Alexforbes by way of simultaneous (i) bilateral sale to African Rainbow Capital, and (ii) specific repurchase by Alexforbes.
• the ZAR2bn divestment of its South African short-term insurance business to Momentum Metropolitan, as well as the
• separate divestment of its Namibian short-term insurance business to Momentum Metropolitan; and
• the divestment of its South African group risk and retail life business to Sanlam;
• the simultaneous: (i) disposal of its linked investment services platform administration business to Sanlam; and (ii) acquisition of Sanlam’s standalone retirement fund administration business.

*Denotes experience from previous firm.