19 May 2021
The Dutch brewing giant is interesting in buying the majority of Distell.
The mobile network operator invested more than R10-billion in its local infrastructure last year as demand grew.
The wholesale and distribution group says its Southern African operations have been affected by changing consumer behaviour due to Covid-19.
The telecoms group will report a sharp rise in earnings as mobile service revenue grew and it paid less in severance and retirement packages.
The trade solutions and logistics group says while volumes were down last year due to Covid-19 constraints, profit margins improved.
18 May 2021
An independent board has yet to opine on an all-cash takeover bid by Canadian firm Volaris.
The poultry group says it is likely to continue to be affected by higher raw material costs, while bird flu outbreaks also pose a threat.
Shareholders have benefitted from the demerger of Bytes UK and its pursuit of growth areas like cloud and IT security.
Sales were supported by the development of an online sales portal and ongoing demand for its residential properties.
The real estate investment trust held back on a distribution for its 2020 financial year due to the potential impact of Covid-19.
The housing and memorial parks developer says its improved liquidity will help it weather further challenges.
UK Court Sanction Hearing
17 May 2021
The final offer price implies a total equity value of its European subsidiary of about R85-billion.
The retail group has reported improving sales but will report a full-year loss after impairment its UK operations.
The energy and chemicals group will receive as much as R5-billion for the 30 percent stake.
The real estate investment trust says its holding back until the end of the year as a precautionary measure due to Covid-19.
The Cape-focused real estate investment trust says its resilient portfolio has maintained high occupancies in its portfolio.
Higher inflation spooks global equity markets.
14 May 2021
Apparently, I had no idea what I was talking about with Musk and Tesla and what appeared to me to be incredibly obvious risks.
The lifestyle investment group has not declared a dividend due to a share buy-back programme that may continue.
Credit impairments have reduced after the blow out during the hard lockdown last year.
The former owners of Tekkie Town want their business or their money back.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of corporate finance activity by South African exchange listed companies
The fast-moving consumer goods group will report a sharp rise in earnings due to cost savings and after big impairments were not repeated.
The restaurant group will report a full-year basic loss after the UK burger chain was placed into administration last October.
The current management team of CNA is taking control at the same price Astoria paid for the stationery chain a year ago.
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Businesses are rethinking the way that they operate and finding ways to adapt and innovate to stay relevant.
13 May 2021
The two companies hope the move will narrow the big discount their shares trade at relative to their underlying value.
Ascendis Health will surrender its international operations to its lenders in exchange for clearing its massive debt burden.
The retailer says it maintained good momentum in merchandise sales while the health of its debtors book also continued to improve.
The company has resumed dividend payments after the used vehicle e-commerce business contributed to a strong first half.
The investment firm says measures taken will have a big impact on the sustainability of the health club chain.
Environmental, Social, and Governance (ESG) considers three central factors in measuring the sustainability and societal impact of an investment in a company or business.
The private schools group says the acquisition is aligned with its intention to expand its geographical footprint and extend its education offering.