Board changes likely at owner of Denny Mushrooms brand
Private equity firm Actis buys 37% stake in Libstar
12 August 2019 - 19:16
Libstar, the investment holding company that owns the Denny Mushrooms, Goldcrest and Lancewood brands, on Monday said there could be board changes after private equity firm Actis bought a 37.02% stake in the company.
Actis, which describes itself as an investor in growth markets across Africa, Asia and Latin America, last month acquired two private equity funds: Abraaj Private Equity Fund IV (APEF IV), a global buyout fund, and Abraaj Africa Fund III (AAF III), a fund for investment in sub-Saharan Africa...
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