Tag:
Assura
Ghost Bites
Ghost Bites (Fairvest | Fortress | Mr Price | MAS | Spear REIT | The Foschini Group)
Mr Price and The Foschini Group reported important numbers in the clothing and homeware sector. In property, we saw numbers from Fairvest and Fortress, while Spear REIT raised cash and MAS saw an improved indicative offer from PK.
Ghost Bites
Ghost Bites (Accelerate Property Fund | Assura – Primary Health | AYO Technology | Finbond | ISA Holdings | Nampak | Powerfleet | Quantum...
Nampak's turnaround continues. Quantum Foods had a much better period. Sasol Oil will be paid billions by Transnet. Primary Health's bid is making Assura think. Accelerate Property Fund, AYO Technology, Finbond, ISA Holdings and Powerfleet also had updates.
Ghost Bites
Ghost Bites (Blue Label | Collins Property Group | Finbond | MAS | Nampak | NEPI Rockcastle | Newpark | Nutun | Pepkor |...
Richemont released numbers, as did Pepkor at the other end of the retail spectrum.. Blue Label could list Cell C separately. Collins Property Group, MAS, NEPI Rockcastle and Newpark all had property sector news, in addition to Primary Health upping its play for Assura. Look out for Finbond, Nampak, Nutun and Tiger Brands as well.
Ghost Bites
GHOST BITES (4Sight | Alphamin | Assura | Dipula Properties | enX | Europa Metals)
4Sight has done a clever B-BBEE deal. Dipula Properties achieved modest growth. enX misses loadshedding. Alphamin's detailed Q1 financials are available. Europa Metals looks set to be wound up.
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 (Alphamin | Assura – Primary Health Properties | Jubilee | Purple Group)
Purple Group's growth flywheel is spinning. Alphamin is back up and running at the Bisie tin mine. Assura has rejected the Primary Health Properties deal and gone with the all-cash offer from KKR/Stonepeak.
Ghost Bites
GHOST BITES (African Rainbow Capital | Sirius Real Estate | Trematon)
The African Rainbow Capital offer is apparently fair to shareholders - after some mental gymnastics. Sirius Real Estate had a great year. Trematon's portfolio value keeps trending lower.
Ghost Bites
GHOST BITES (Jubilee Metals | Murray & Roberts | Orion Minerals | Primary Health Properties – Assura)
Murray & Roberts released the business rescue plan. Primary Health Properties is trying to seduce Assura shareholders. Jubilee Metals needs to make a decision on the Zambian Large Waste project. Orion Minerals has a new CEO.
