Norsad Capital’s exit from Protea Hotels Zambia

Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed). Target: Protea Hotels Zambia (private company) · Sector: Consumer Discretionary, Hotels · Countries of operation: Zambia Transaction type: Exit · Asset class: Private Equity, Real Estate · Instrument: Equity Sellers: Norsad Capital Limited Legal advisers: not identified in the source record. Source:…


Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed).

Target: Protea Hotels Zambia (private company) · Sector: Consumer Discretionary, Hotels · Countries of operation: Zambia

Transaction type: Exit · Asset class: Private Equity, Real Estate · Instrument: Equity

Sellers: Norsad Capital Limited

Legal advisers: not identified in the source record.

Source: announced 21 October 2024. Original announcement: norsadcapital.com.