RMB and Brait, aligned at every turn

RMB advised Brait on the sale of Pepkor and the acquisitions of Virgin Active and New Look.

Building on our long-standing partnership with Brait, Rand Merchant Bank advised Brait on the sale of its stake in Pepkor and subsequently advised on, structured and funded Brait in the acquisitions of Virgin Active (£691-million) and New Look (£783-million). The funding included RMB underwriting the New Look acquisition. These transactions underscore RMB’s unique ability to structure, manage and fund complex local and offshore transactions for our clients.