South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd, has been appointed as an adviser to help the government assess offers for stakes in its insolvent national airline, according to two people familiar with the situation.
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd, has been appointed as an adviser to help the government assess offers for stakes in its insolvent national airline, according to two people familiar with the situation.