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Invictus Investment to Sell Minority Stake in Merec Industries

MT Newswires·10/21/2026 08:13:17
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08:13 AM EDT, 10/21/2026 (MT Newswires) -- Invictus Investment (ADX:INVICTUS) agreed to divest a significant minority stake in flour milling company Merec Industries to Helios Investment Partners. The transaction will be carried out through Helios Fund V's acquisition of up to a 49% interest in Merec's parent company, Stratton Africa Holdings, with the Abu Dhabi-listed holding company retaining the majority stake, according to a Wednesday release. Completion of the deal is expected by the end of 2026, subject to customary closing conditions and regulatory approvals.