Published Date: 2020-07-04 | Source: INCE|Community | Author: InceConnect
The investment group said it is confident that a recapitalisation on top of steps taken by management will support the struggling fashion chain.
It seems an eternity since West Texas Intermediate (WTI) May Futures traded at minus $40/bbl.
The restaurant group says the board of GBK is reviewing options available to the business after it cut off further financial assistance.
The cement producer is negotiating a more sustainable structure for debt in the DRC and may pursue a rights issue.
The resources group has reported a strong increase in first-half earnings as a softer currency helped offset lower thermal coal prices.
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of Merger & Acquisition activity by South African companies
The metals processing company has secured material for its Windsor recovery plant while increasing its processing capacity.
Company Notices & Announcements
Further announcement regarding the proposed disposal of the starch business and further cautionary announcement
Update on the Acquisition of Tongaat Hulett Starch and Renewal of Cautionary Announcement
Capital Raising Roadshow and Forecast Financial Information
Description: Many companies may be trading in insolvent circumstances, potentially in contravention of the Companies Act 71 of 2008 (Act).
Weekly summary of corporate finance activity by South African exchange listed companies
Sign up to the InceConnect publications here to get your preferred headlines all in one place.
The InceConnect News is focused on empowering the everyday investor and to equip the business individual with the latest business, financial & investment news & tools to help make more informed decisions around their investments.Publication Queries
Find out more about InceConnect and Ince
42 Wierda Road West, Wierda Valley, Sandton, 2196 +27 (11) 305 7300