Tag:
Libstar
Ghost Bites
GHOST BITES (Barloworld | British American Tobacco | FirstRand | Libstar | Workforce)
Barloworld's take-private deal is now on the table. British American Tobacco has affirmed guidance. Libstar has had a difficult second half. FirstRand was granted leave to appeal the UK motor industry court ruling. Workforce shareholders approve the take-private.
Ghost Bites
GHOST BITES (Accelerate | Murray & Roberts | Novus | Remgro)
In a market shocker, Murray & Roberts is suspended from trading and in business rescue. Novus managed solid profits. Mediclinic is boosting Remgro. Accelerate needs to renegotiate the F&G deal.
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 (Anglo American | Anglo American Platinum | AngloGold | Attacq | Bowler Metcalf | Caxton | Libstar | Old Mutual | Texton...
On a busy day of news, Anglo American is starting to sell down Amplats, while AngloGold is buying a mine in Egypt. We saw results from Attacq, Bowler Metcalf, Libstar, Old Mutual and WBHO, along with corporate updates from Texton and Vukile. Caxton got in trouble with the JSE.
Ghost Bites
Ghost Bites (Blue Label | Dipula | Equites | Fortress | Impala Platinum | Libstar | Metrofile | Pick n Pay | Sanlam |...
Dipula, Equites and Fortress gave us an interesting property day, with Sanlam and Santam on the insurance side as well. Libstar, Metrofile, Impala Platinum, Pick n Pay and South32 all released important updates, as did Blue Label.
Ghost Bites
Ghost Bites (Ascendis | Brait | Fortress | Gemfields | Libstar | Safari Investments | Schroder European Real Estate | STADIO | Zeder)
Aside from property updates from Fortress, Safari and Schroder, we saw the TRP ruling on Ascendis, progress on the debt restructure at Brait, a deal at Zeder and numbers at Libstar and STADIO.
Ghost Bites
Ghost Bites (Brait | Copper 360 | Remgro | Sabvest | Transaction Capital – WeBuyCars)
In a battle of the investment holding companies, both Remgro and Sabvest released results. Brait's placement of Premier shares was oversubscribed. Transaction Capital didn't get the price it wanted for WeBuyCars. Look out for Copper 360 as well.
Ghost Bites
Ghost Bites (Brait | Bytes | Discovery | JSE | MC Mining | Merafe | OUTsurance | Sibanye-Stillwater | STADIO | Sun International |...
On a very busy day of company news, we saw numbers come in from Discovery, JSE, Merafe, OUTsurance, STADIO, Sun International and Thungela. There's corporate activity at Brait, MC Mining and Sibanye-Stillwater.
