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.
12 May 2021
A lower interest bill and improved trading have contributed to a big improvement in interim earnings.
The gold mining company encountered production issues and rising costs due to Covid-19.
Apart from improved performances from its Equipment business, the group has benefitted from acquisitions.
While it continues to be impacted by the Covid-19 pandemic, it says its overall financial results have improved notably.
The most common of the hedge fund strategies - representing two thirds of the industry- involves taking long positions in equities...
The real estate investment trust has reported negative distributable income due to a big deferred payment liability.
The real estate investment trust sold the maximum number of shares allowed under the authority of its shareholders.
11 May 2021
The technology group says it has granted Sbu Shabalala a three-month leave of absence to sort out personal matters.
The health, beauty and pharmacy retailer says the acquisition will speed up the rollout of its nationwide pharmacy network.
The gold mining company has reported a decline in first-quarter production as operations in Brazil and Ghana were impacted by Covid-19.
The construction and road-building group has reported a strong second-half recovery as it bulks up its order book.
The print and packaging company says cash generation and careful cash preservation saw it end the year with more in the bank.
Round up of South African M&A activity for Q1 2021 plus the M&A and GCF league tables
The agreement will result in its renewable natural gas used to make fuel for the European vehicle market.
10 May 2021
After retail turnover was impacted by lockdown restrictions at the beginning of the year, L2D has reported a much stronger March.
The housing and memorial parks developer will report a big rise in full-year earnings but a headline loss.
While the Covid-19 impact in SA has reduced, the fintech and payments group has reported a quarterly loss due to its fixed cost base.
The tin mining company grew sales into a rising price environment for the metal.
The Central and Eastern Europe shopping centre owner says the shift to Malta would establish a more efficient corporate structure closer to its properties.
Copper price booming
07 May 2021
Core quarterly earnings from its local PGM operations came in higher than the cost of buying them.
The South Deep mine in South Africa was affected by the second wave of the pandemic while Cerro Corona in Peru was impacted by unusually wet...
The pulp and paper producer expects quarterly earnings to continue recovering from the impact of Covid-19.
The holding company for vehicle telematics group Cartrack has presented its first results since its Nasdaq listing.
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
The agriculture services group says retail sales have rebounded and retail fuel sales have also improved as Covid-related restrictions ease.