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09 October 2019
The investment company says it will distribute up to R4.75 billion to shareholders if the PepsiCo takeover of Pioneer Foods proceeds.
The investment group has added a big shareholding in the restaurant group to its investments in other lifestyle businesses.
The metals recycler says its first-half performance was hampered by floods in KwaZulu-Natal and subdued commodity prices.
Poor economic data in the US causes drop in US equity markets.
The distribution and logistics group has coped with a stagnant economy by trimming costs and expanding its customer base.
The payment solutions company has exercised an option to take a majority stake in the Liechtenstein-based bank.
08 October 2019
Buying North American Palladium will provide geographical diversification and increased palladium exposure.
The pharmacy and health and beauty retailer expects to beat its own full-year earnings forecast.
The sugar producer and land owner says an internal review process has been complex and extensive, going back some six years.
Non-executive director Geoffrey Carter quit after he said his position had been compromised to a point of no return.
The mandatory offer was triggered after CEO Zak Calisto's investment company took a 68% stake in the group.
The healthcare investment company has made 12 acquisitions as it makes its presence felt in the healthcare sector.
07 October 2019
Drought and flooding in Australia are just a couple of the factors that have impacted its first-half earnings.
The restaurant group will report a big rise in first-half earnings after a hefty impairment last year.
The gold and platinum producer plans to list a new holding company, which will acquire Sibanye Gold.
The group is selling its stake in Monteagle Africa to customer SPAR.
The group has sold its Mechanical and Electrical business to a black consortium as it continues to dispose of non-core operations.
The group will use the proceeds from the sale to redeem a corporate bond, strengthen its balance sheet and free up management time.
04 October 2019
The group will report a much-improved start to its financial year thanks to work on renewable energy projects.
The ICT company expects to report a big increase in first-half earnings as the recovery at Westcon International continues.
Ingham Analytics issues a note on the healthcare sector of the JSE.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The investment holding company says its portfolio continues to feel the impact of tough conditions in the food and related business sector.
The financial services group says community unrest resulted in an 80 percent decline in production at its commodities trading business.
Current liabilities exceed current assets but the group has put its retirement villages business up for sale as it focuses on education.
Weekly summary of corporate finance activity by South African exchange listed companies
The application of s46, read with s4 of the Companies Act, is to protect minority shareholders and to hold directors personally liable for the unlawful distribution
03 October 2019
The pharmaceuticals and healthcare group has blamed the complexities of accounting for discontinued operations and new reporting standards.
Bidcorp says the QSR contract logistics market is non-core which is why it is selling Best Foods Logistics.
The fleet management and vehicle recovery group has benefitted from a strong rise in subscriber numbers over the past year.
The German-focused property group has a pipeline of acquisitions lined up and is also growing its Titanium joint venture.
The investment company says it was unable to commit any further capital to support the steelmaker, particularly as it was a non-core asset.