Macro Finance
Prudential Exits AlexForbes as Motsepe’s ARC Boosts Stake
Bloomberg Markets·September 18, 2026·1 min read
A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd., South Africa's largest standalone retirement-fund administrator. The deal will see US financial-services giant Prudential Financial Inc. exit its investment in the company, marking a significant shift in ownership and signaling Motsepe's growing influence in the sector.
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