FirstRand Picks BofA, RMB to Advise on Sale of UK Aldermore Unit
FirstRand Ltd. hired Bank of America Corp. and its own investment-banking arm, Rand Merchant Bank, as advisers to help it sell its UK-based Aldermore Group and exit the European market,...
By Adelaide Changole · Bloomberg Markets
FirstRand Ltd. hired Bank of America Corp. and its own investment-banking arm, Rand Merchant Bank, as advisers to help it sell its UK-based Aldermore Group and exit the European market, a spokesperson for the South African lender said.