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.
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.