Other bidders that included ABSA Bank and Barclays Bank PLC, Rothschild & Co, White Oak Advisory Ltd, Potomac and Deutch Bank have since been notified of the award of the tender to Lazard Freres.
Secretary to the Treasury Fredson Yamba stated in a statement issued last evening that Lazard Freres met all requirement under the Public Procurement Act of 2008.
Lazard Freres is one of the world’s leading financial advisory and asset management firms, and advises on mergers, acquisitions, debt restructuring and capital ventures.
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