Monday, November 18, 2024
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Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies.

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 (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 (African Rainbow Capital | Argent Industrial | Coronation | Deneb | Momentum | Sibanye | Sirius | Southern Sun | Telkom)

Capital raises are suddenly the theme on the market, with African Rainbow Capital, Sirius and Sibanye all getting involved. These raises certainly aren't created equal, though.

Ghost Bites (Astral Foods | Barloworld | Brikor | FirstRand | Naspers + Prosus | Netcare | Omnia | PPC | Sirius | Stefanutti...

Look out for important earnings updates from several large companies, including the likes of Barloworld, FirstRand and Netcare. Sirius is tapping the market for capital.

Ghost Bites (AfroCentric | AngloGold | Fairvest | Gemfields | Mondi | Oceana | Prosus + Naspers | RFG | Zeder)

Bob van Dijk is out at Prosus. It was a day for food and agriculture updates, with Oceana, RFG and Zeder all weighing in. AfroCentric released earnings. AngloGold and Mondi had M&A news. Gemfields reported on an emeralds auction.

Ghost Bites (Bowler Metcalf | Coronation | Orion Minerals | Sanlam | Santam | Shoprite | The Foschini Group)

It was a big day for retail updates, with Shoprite and The Foschini Group being the big news. We also saw updates from Bowler Metcalf, Coronation, Orion Minerals, Sanlam and Santam.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies
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