Tag:
Silverbridge
Ghost Bites
Ghost Bites (Gemfields | Silverbridge | Thungela)
Gemfields has banked another great emerald auction result. Silverbridge is being subjected to an unusual s124 "squeeze out" by ROX Equity Partners. Thungela has signed a three-year wage deal.
Ghost Bites
Ghost Bites Vol 87 (22) – Capitec | Transaction Capital | Tongaat Hulett
Transaction Capital is raising capital and making big strategic decisions about SA Taxi. Tongaat Hulett is still a financial horror story. Capitec fell sharply as it missed earnings expectations.
Ghost Bites
Ghost Bites Vol 76 (22)
Richemont has announced an important transaction related to its direct-to-consumer strategy. Results came in from KAP, Bidcorp, DRDGOLD, Harmony Gold and more. Spear REIT has done an interesting property deal.
Ghost Bites
Ghost Bites Vol 71 (22)
Fortress REIT is in huge trouble. We saw a flurry of earnings from miners - DRDGOLD, Sibanye and Northam Platinum. Mpact has formally responded to Caxton.
Ghost Bites
Ghost Bites Vol 57 (22)
Afrimat is raising money and Transnet is (astonishingly) making money. Earnings updates came in from AECI, Gemfields, AVI and British American Tobacco.
Ghost Bites
Ghost Bites Vol 52 (22)
Tsogo Sun Hotels has released its circular to achieve an operational split from Tsogo Sun Gaming. SilverBridge directors are happily accepting an "unfair" offer. Nedbank, ArcelorMittal, Metair and Gemfields all gave important updates.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
