RMB advises Royal Bafokeng on the proposed acquisition of Swiftnet

Royal Bafokeng Holdings (RBH) has entered into a transaction agreement alongside Actis to jointly acquire 100% of independent owners, operators and developers of mast and tower infrastructure Swiftnet from Telkom South Africa, with RMB acting as financial adviser to RBH on the transaction. With an enterprise value of R6.75-billion, it is one of the largest tower transactions in South Africa to date by deal value.