Brightbridge Real Estate Limited entered into an agreement to acquire Atterbury Europe Holding B.V. from RMB Holdings Limited (JSE:RMH) for ZAR 1.8 billion on June 24, 2022. The transaction is subject to regulatory board approvals and certain customary closing condition. The transaction is expected to complete on September 7, 2022. Atterbury Europe reported net assets ZAR 972 million and net profit ZAR 414 million for March 31, 2022.The Independent Board has appointed Investec Bank Limited, acting through its Investment Banking Division: Corporate Finance, to act as the independent expert to issue a report dealing with the matters .Webber Wentzel acted as legal advisor to RMB Holdings Limited. Cliffe Dekker Hofmeyr and White & Case LLP acted as legal advisor to Brightbridge Real Estate Limited.

Brightbridge Real Estate Limited completed the acquisition of Atterbury Europe Holding B.V. from RMB Holdings Limited (JSE:RMH) in September 2022.