{"id":204572,"date":"2025-08-13T03:31:50","date_gmt":"2025-08-13T01:31:50","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibia-trustco-ceo-gets-n5-billion-private-acquisition-offer\/"},"modified":"2025-08-13T03:31:50","modified_gmt":"2025-08-13T01:31:50","slug":"namibia-trustco-ceo-gets-n5-billion-private-acquisition-offer","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibia-trustco-ceo-gets-n5-billion-private-acquisition-offer\/","title":{"rendered":"Namibia: Trustco CEO Gets N$5-Billion Private Acquisition Offer"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"22\"><em>Trustco holdings chief executive Quinton van Rooyen has received a private offer to sell his shares and debt holdings to VeldBridge Holdings.<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"11\">VeldBridge Holdings is an investment company incorporated in the Cayman Islands.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"21\">The offer is to buy Van Rooyen&#8217;s entire shareholding in Trustco and includes acquiring family-held debt assets amounting to N$5.05 billion.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"19\">These assets include interest-bearing and non-interest-bearing components, both subordinated and first-ranked obligations, as well as&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202508120490.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Namibia\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/namibia\/\">Namibia<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trustco holdings chief executive Quinton van Rooyen has received a private offer to sell his shares and debt holdings to VeldBridge Holdings. VeldBridge Holdings is an investment company incorporated in the Cayman Islands. The offer is to buy Van Rooyen&#8217;s entire shareholding in Trustco and includes acquiring family-held debt assets amounting to N$5.05 billion. These [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":204573,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[723],"tags":[16214,258,256,7213,52089,4706,724,257,10280,5990,254,36103],"class_list":["post-204572","post","type-post","status-publish","format-standard","has-post-thumbnail","category-namibia","tag-acquisition","tag-africa","tag-africa-news","tag-ceo","tag-n5billion","tag-namibia","tag-namibia-news","tag-news","tag-offer","tag-private","tag-south-africa-today","tag-trustco"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/204572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=204572"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/204572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/204573"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=204572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=204572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=204572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}