Tana Africa Sells Promasidor Stake in $399 Mln Deal - McDermott Will & Emery

Tana Africa Sells Promasidor Stake in $399 Mln Deal

Overview


McDermott advised Tana Africa Capital on selling its 25% interest in Promasidor Group to Ajinomoto Co. for $399 million. The private equity investment firm, which is a joint venture between E. Oppenheimer & Son and Temasek, first backed Promasidor in 2007.