Sun International (South Africa) Limited acquired an additional 7.8% stake in Grand Parade Investments Limited (JSE:GPL) from Value Capital Partners for ZAR 130 million on November 18, 2022. The transaction was funded by internal cash sources. BDO Corporate Finance Proprietary Limited acted as fairness opinion provider to Sun International (South Africa) Limited, Nedbank Corporate and Investment Banking acted as financial advisor to Sun International (South Africa) Limited and Cliffe Dekker Hofmeyr acted as legal advisors to Sun International (South Africa) Limited.

Sun International (South Africa) Limited completed the acquisition of an additional 7.8% stake in Grand Parade Investments Limited (JSE:GPL) from Value Capital Partners on November 18, 2022. Peter Bradshaw of DLA Piper South Africa Services (Pty) Ltd acted as legal advisor to Value Capital Partners in the deal.