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18 December 2019
The oil and chemicals group says its ethane cracker is now producing at 85 to 90 percent of capacity after it took steps to fix it.
The group says it will still try and sell the business but only at a price that reflects its market value.
The gases and welding group will report a big rise in full-year profit thanks it its growing healthcare business.
The potash exploration and development company says there is potential to reduce capital and operating costs for the project.
The company has invited proposals from interested parties on gas fired power solutions as well as those looking to receive power in the Free State.
The Central and Eastern European landlord says it will use the proceeds to fund its pipeline of acquisitions as it grows its retail exposure.
17 December 2019
The disposal means EOH has passed its targeted asset sales this year as it reduces debt.
The packaging group has not disclosed the sale price but says the transaction will remove the pension fund liability from its balance sheet.
The real estate investment trust says its auditors have given a qualified opinion after coming up with a lower value for its properties.
The group says it will focus on growing and expanding its luxury goods brands once it has sold its remaining food interests.
The platinum producer has merged its Canadian assets into Impala Canada, which will be lead by former NAP CFO Tim Hill.
The agreement at Booysendal provides for continuity, certainty and allows all stakeholders to focus on the sustainability of the business going forward.
Last week signalled good news for financial markets. Trade tensions between the US and China eased and the Conservative Party won a convincing majority of seats...
13 December 2019
The network operator says while there is work to be done on price transformation it needs more spectrum to carry traffic cost effectively.
The private healthcare group says full-year revenue is likely to rise by about 6.5 percent and profit margins will be in line with guidance.
European logistics have been the top performer for the Investec Property Fund on a risk-adjusted basis over the last 18 months.
The group plans to develop and operate a portfolio of small-scale reserve power generation projects in the UK.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
Each corporate transaction poses risks for the transacting parties, ranging from large unknown liability risk to small execution risks.
12 December 2019
The battery and automotive components group says it has also had an unsolicited approach for its Turkish operation.
The sugar producer and land owner wants investors to have a clearer view of its most recent performance before its shares start trading again.
The tile manufacturer and retailer has reported a small improvement in retail turnover and expects its second half to be better.
The group has increased black ownership of two large SA divisions to a majority in a top-up transaction.
The investment group issued over a billion new shares earlier this year to shore up its operations.
The investment group has reported a sharp rise in its net asset value but a full-year loss as it restructures its business.
11 December 2019
Auditors Deloitte and Touche have raised concern about its ability to continue as a going concern.
While the diversified miner is targeting a strong rise in production, it has trimmed its short-term guidance for diamonds, coal and iron ore.
The platinum producer says power outages make it even more likely it will miss its cost guidance this year.
The gold producer says it will resume underground shifts once it has the assurance of reliable power supply.
The company says the power outages threaten the future viability of some of its operations and the wider ferroalloys sector.
This latest note by Ingham Analytics is hot on the heels of the Prosus note last week "It’s all in Tencent"which also had a China tech...
The Spanish Markets and Competition Commission has cleared the acquisition of Just Eat shares by Prosus subsidiary MIH Food Delivery Holdings.