Thursday, November 21, 2024
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Cilo Cybin

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

GHOST BITES (FirstRand | MTN Rwanda | Nampak | Novus | Pepkor)

FirstRand's motor finance business in the UK has adapted to legal findings. MTN Rwanda is struggling. Nampak announced an asset disposal. Novus' interim earnings got a boost from timing differences, plus they've announced acquisitions. Pepkor's growth looks reasonable.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Ghost Bites (Attacq + Hyprop | Capital & Regional + Growthpoint | Choppies | Gemfields | Vukile)

Attacq and Hyprop completed the African deals. Growthpoint will support the NewRiver offer for Capital & Regional. In further property news, Vukile released a pre-close update. Choppies and Gemfields released numbers.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies.

Ghost Bites (Bell Equipment | Eastern Platinum | HomeChoice | Santam)

Bell Equipment's scheme circular is out in the wild. HomeChoice is doing extremely well in fintech. Santam had a great period. Eastern Platinum is struggling.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

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.
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