Deals
Billionaire's Renaissance Capital Seeking Partners for Growth
- Chairman Charlier says SWF partnership is being considered
- Company also optimistic about Angola and Ethiopia outlook
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Billionaire Mikhail Prokhorov’s Renaissance Capital is looking to broaden its shareholder base as it plans to expand into new markets such as Saudi Arabia.
“Joining forces with a partner is one of the possible scenarios,” Chairman Christophe Charlier said in an interview in Johannesburg. While “nothing is imminent,” a partnership with a sovereign-wealth fund is among the options.