The Bidvest Group Limited (JSE:BVT) acquired Consolidated Property Services (Australia) Pty Ltd on September 20, 2023. All the conditions have been fulfilled and the purchase consideration is settled using the Bidvest Group's international funding facilities. Merrill Lynch South Africa (Pty) Limited acted as financial advisor, Gilbert and Tobin acted as legal advisor, Deloitte South Africa acted as Transactional services advisor and Investec Bank Limited acted as Sponsor to Bidvest. Moelis Australia Securities Pty Ltd. acted as financial advisor and Mills Oakley Lawyers Pty Ltd acted as legal advisor to Consolidated Property Services. Deloitte Africa acted as the advisor to The Bidvest Group Limited (JSE:BVT).
The Bidvest Group Limited (JSE:BVT) completed the acquisition of Consolidated Property Services (Australia) Pty Ltd on September 20, 2023.