Tag:
Remgro
Ghost Bites
GHOST BITES (Barloworld | Clientèle | Novus – Mustek | Trematon)
Barloworld is struggling and the CEO might be taking it private alongside a major Saudi investor. Novus has triggered a mandatory offer for Mustek. Trematon's INAV is down but we need full details.
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 (Bytes Technology | Clientele | Discovery | Lighthouse Properties | Mustek | Powerfleet | Remgro)
Bytes, Clientele, Discovery and Mustek released numbers. Lighthouse raised R1 billion in equity in a matter of hours. Remgro is very hit and miss at the moment.
Ghost Bites
Ghost Bites (Finbond | KAP | Murray & Roberts | Northam Platinum | Truworths)
Truworths released poor numbers. Something seems to be brewing at Finbond. Most of KAP's businesses are underperforming. Murray & Roberts and Northam Platinum gave themselves more balance sheet flexibility.
Ghost Bites
Ghost Bites (Attacq | Brait | Exxaro | KAP | Nedbank | RECM and Calibre)
Nedbank, Exxaro and Attacq released pre-close updates. KAP is taking strain in Safripol. Brait needs more time to realise assets. Look out for RECM and Calibre news as well.
Ghost Bites
Ghost Bites (Coronation | Insimbi | Motus | Remgro – Mediclinic | Spear | Vunani)
Coronation won the tax fight. Motus gave a strategy update. Insimbi is disposing of two businesses. Mediclinic is trading sideways. Spear REIT is selling a property. Vunani's profits fell sharply.
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 (Brait | Fairvest | Mahube Infrastructure | Marshall Monteagle | MAS | Sirius Real Estate)
Brait shocked the market with a rights offer. MAS is looking stronger. Sirius Real Estate and Fairvest reported numbers. Look out for Mahube Infrastructure and Marshall Monteagle as well.
