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In this episode of Ghost Wrap, I recapped a week’s worth of news across a variety of sectors:
- Famous Brands vs. Spur is becoming a very interesting battle indeed, with the latter as my pick.
- Sibanye-Stillwater has given the green light to the next phase of the Keliber lithium project.
- De Beers is really struggling with demand for diamonds at the moment.
- Mondi has managed to exit Russia, with letters of credit securing the final two payments from the buyer of the asset.
- Life Healthcare announced a deal for Alliance Medical Group, reflecting what looks to me like a modest investment return on that asset since 2016
- Datatec is proof that you can find fast-growing companies on the local market, if you know where to look.
- Fortress has proposed a rather clever way to get rid of the dual-class structure in its shares, by using a portion of its stake in NEPI Rockcastle.