Riskowitz Value Fund LP (RVF)

Trustco expects major deal to close by December

Trustco expects major deal to close by December

CHAMWE KAIRA Trustco Group Holdings Limited (Trustco) has announced updates to its planned purchase of additional shares in Legal Shield Holdings Limited (LSH), the company announced. Originally announced on 23 April, the transaction involves Trustco acquiring an extra 11.35% stake in LSH from Riskowitz Value Fund LP (RVF). This will increase Trustco’s total ownership of LSH to 91.35%. The transaction, valued at N$468 million (US$27 million), will be completed by issuing new Trustco shares to RVF. The transaction is expected to close by 31 December. The acquisition includes valuable assets such as Trustco Insurance Limited and Trustco Life Limited, as…
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