This builds on prior gains recorded between June 10 and 16, when the market value of his stake jumped $39 million, from …
Laurie Dippenaar
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Laurie Dippenaar currently holds a 1.76-percent stake in FirstRand, amounting to 98,726,988 shares, making him one of South Africa’s leading investors.
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This decline is primarily attributed to local investors reducing their holdings in the renowned Johannesburg-based financial services provider.
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The funding consists of a $200 million direct loan from IFC and up to $50 million mobilized through the managed co-lending portfolio …
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This significant gain further cements his position as one of South Africa’s wealthiest businessmen.
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South African tycoon Laurie Dippenaar’s FirstRand gets nod for $16.2-million bond listing
This issuance brings the total amount outstanding under the company’s seven-year bond program to R41.01 billion ($2.22 billion).
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The $31.46-million increase in the market value of Dippenaar’s investment in FirstRand solidifies his position as one of South Africa’s wealthiest businessmen.
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RMB, the corporate and investment banking arm of FirstRand advised on a groundbreaking $160-million deal.
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Dippenaar maintains his position as one of South Africa’s leading investors and one of the most affluent business executives across the African …
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Despite the notable decline in his stake’s value, Dippenaar remains a top investor on the JSE and one of the most affluent …