Monday, July 21, 2025

The Finance Ghost

WeTransfer: rage against the machine

The rule of thumb on the internet is that unless it's obvious what the product is, the product is probably you. WeTransfer's attempt to change its Ts & Cs is proof, as explained by Dominique Olivier.

Ghost Bites (BHP | Hyprop – MAS | Quantum Foods | Valterra Platinum | Vodacom – Remgro)

Hyprop has put in a conditional offer to MAS shareholders. Vodacom and Remgro tweaked the terms of the fibre deal. BHP's production is strong, but iron ore prices are weak. Valterra Platinum's production ruined the first half numbers. Quantum Foods has had some shareholder register developments.

Ghost Bites (AECI | Redefine)

AECI has announced a few asset disposals that the market loved, but they've also hinted at further acquisitions as well. Redefine is selling Rosebank Corner.

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

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

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

Who’s doing what in the African M&A and debt financing space?

Weekly summary of all M&A, financial and debt market activity from across Africa (excluding South Africa)

King V and the future of corporate governance in South Africa

In South Africa the King Code has played a central role in shaping responsible and sustainable business practices.

Ghost Bites (AngloGold | Coronation | Mpact | Richemont)

AngloGold to acquire Augusta Gold in the US. Richemont's sales are in the green, but the strong euro is hurting them. Coronation's AUM was boosted by market prices. Mpact's profits are expected to move sharply lower.

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