Tag:

ASP Isotopes

Another Bumper Ghost Bites Edition (Boxer | Canal+ | Kumba Iron Ore | Merafe | Mpact | Vodacom)

In this bumper edition of Ghost Bites, you'll get updates from Boxer and Canal+ as two different consumer-focused companies. Kumba Iron Ore, Merafe and Mpact bring us numbers from the "real economy". Vodacom is having a grand old time in Egypt.

Ghost Bites (Kumba Iron Ore | Nedbank | Reinet | Sasol)

Kumba is a victim of the rand (and several other things). A big step forward for Nedbank in East Africa. Reinet's underperformance vs. British American Tobacco is incredible to witness. Sasol's business performance metrics for FY26 look encouraging.

Ghost Bites (Argent Industrial | Balwin | Capitalworks | Mantengu | Ninety One | Valterra Platinum)

Argent Industrial lands another offshore acquisition. Balwin's take-private circular is out in the wild. Capitalworks has almost fully exited its stake in Premier. Mantengu has agreed terms for the Blue Ridge Platinum disposal. Ninety One has shown strong growth in AUM. Valterra Platinum's numbers look incredible at first blush, but be careful.

Ghost Bites (ArcelorMittal | ASP Isotopes | BHP | Coronation | iOCO | Karooooo | Prosus | Supermarket Income REIT)

Will the IDC swoop in and save ArcelorMittal? Significant dilution for shareholders in ASP Isotopes. BHP signs off on a successful year, boosted by copper prices. Coronation has given an update on its assets under management. iOCO has announced a small acquisition in the ERP space. Karooooo's recent bad press in Cartrack hasn't taken the shine off the numbers. Prosus will be paid over R40 billion for the remaining stake in Delivery Hero. Supermarket Income REIT raised the £100 million they wanted.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Remgro | South32)

South32 is getting out of the aluminium sector - and the market really likes the deal. Remgro has concluded the Mediclinic restructure.

Ghost Bites (ASP Isotopes | CA Sales | Hyprop | Mantengu | Sappi | Sirius Real Estate)

Hyprop shows that destination shopping can take the fight to eCommerce. ASP Isotopes and Sappi have significant deal news, while Sirius Real Estate and CA Sales are doing the type of deals that those groups are known for. Mantengu is very unhappy with its auditors.

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

Weekly summary of Merger & Acquisition activity by South African companies.