Tag:
Argent Industrial
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Ghost Bites
Ghost Bites (Absa | Argent | Aveng | Coronation | Hulamin | MTN | Thungela)
Absa has a change of management and headaches in Africa. Argent acquires a business in the UK. Aveng could break itself in half. Coronation is paying a dividend. Hulamin, MTN and Thungela also released numbers.
Ghost Bites
Ghost Bites (Bidvest | Brikor | NEPI Rockcastle | Texton)
Bidvest is getting more focused, selling its bank and buying another services company. Brikor might be taken private. NEPI Rockcastle has exited Serbia. Texton partially sells down its US exposure.
Ghost Bites
Ghost Bites (Argent | FirstRand | Growthpoint | Hudaco | Life Healthcare | Renergen | RMB Holdings)
Growthpoint is still expecting a drop in earnings. FirstRand was hit by a UK provision. Argent and Hudaco released numbers in the industrial sector. Life Healthcare has a licensing deal. RMB Holdings needs Atterbury to keep firing. Renergen needs helium.
Ghost Bites
Ghost Bites (ADvTECH | Ascendis | CA Sales | Capital Appreciation | Clientele | Fairvest | Gemfields | Merafe | MC Mining | MTN...
ADvTECH, MTN and Clientele were major earnings releases, with deal news from Ascendis, CA Sales and Sasfin as well. Also look out for Capital Appreciation, Fairvest, Merafe, MC Mining and Wesizwe.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
Ghost Bites (Lesaka Technology | Sappi | Spear REIT | Vodacom)
Lesaka's losses have narrowed. Sappi has swung from profits into losses. Spear REIT raised equity capital in a private placement. Vodacom's Please Call Me saga continues.
Ghost Bites
Ghost Bites (Bowler Metcalf | DRDGOLD | Lesaka | MTN | MultiChoice)
There's M&A news of very different kinds at Lesaka, MTN and MultiChoice. DRDGOLD's earnings growth is modest, unlike at Bowler Metcalf with great operating leverage.
