Mergers and acquisitions are on the rise in Ghana, according to industry experts, a trend likely following the encouragement of financial investment in the African nation.
According to reports, Stanbic Bank Ghana executive Randolph Rodrigues told reporters that M&A activity will likely rise in the coming years in Ghana, thanks to a “renewed quest for the institution of local content requirements across industries.”
According to the expert, the nation will likely see new deals arise “with larger foreign-owned enterprises seeking partnership opportunities with indigenous operations.”
Notable acquisitions in the nation include the recent purchase of Benso Oil Palm Plantation and dairy group FanMilk International.
Full content: Ghana Web
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.