ARC AF Holdings will increase its stake from 49.88% to 77.94% as Alexforbes undertakes a roughly R2.5bn share buyback. A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd. Key points and original sources are listed below.

• ARC AF Holdings will increase its stake from 49.88% to 77.94% as Alexforbes undertakes a roughly R2.5bn share buyback.S1

• A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd. through a deal that will see US financial-services giant Prudential Financial Inc. exit its investment in South Africa’s biggest standalone retirement...S2