Shares close 13% higher as group names Dutch company Arise as possible new investor
Shares of boutique financial services group Sasfin holdings jumped more than 13% on Thursday after it said that a Dutch investment company intends to buy equity in the business.
Arise’s purpose is to partner sustainable locally owned financial services providers in Sub-Saharan Africa who are “searching for a way to keep their independence but need financial expertise and long-term capital to prosper”.
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