Standard Bank has advised Vivo Energy on its combination with Engen. By combining Engen and Vivo Energy, the group will be one of the largest energy distribution companies on the continent.

The combined group will have over 3,900 service stations and more than two billion litres of storage capacity across 27 African countries. As the clear market leader in South Africa, Engen has around 1,300 service stations across seven African countries. Vivo Energy is a major pan-African retailer a...

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