General Atlantic is set to acquire 5% of Westcon International for $25m.

General Atlantic is set to acquire 5% of Westcon International for $25m.

Datatec's share price surged by 5.87% after announcing a special dividend of up to R7.1 billion, following a significant refinancing deal with General Atlantic. The partnership…

The transaction introduces General Atlantic as a minority equity investor and long-term financing partner, supporting Westcon-Comstor’s continued expansion.