Tag:
MultiChoice
Ghost Bites
Ghost Bites (Assura – Primary Health Properties | MultiChoice | Naspers – Prosus | Pan African Resources)
Pan African Resources and Naspers/Prosus have both been winners for me this year, with latest numbers showing why. MultiChoice is in much pain. Assura is going ahead with the KKR/Stonepeak offer, not the Primary Health Properties merger.
Ghost Bites
Ghost Bites (Alphamin | AYO Technology | Brimstone | Fairvest – Collins Property | Jubilee Metals | MultiChoice | NEPI Rockcastle)
MultiChoice is still making losses. Fairvest has bought a few properties from Collins. Alphamin has a new majority shareholder. Jubilee Metals is selling the chrome and PGM assets. Brimstone's NAV plummeted. NEPI needs a new CEO. AYO got censured.
Ghost Bites
Ghost Bites (Greencoat Renewables | Hammerson | Mahube Infrastructure | MultiChoice | Reunert | RFG | Sanlam – Tyme | Spear REIT | Southern...
MultiChoice's Canal+ deal gets the nod from the Competition Commission. Sanlam is doing a personal loans deal with Tyme. Spear REIT announced an acquisition. Hammerson is feeling bullish. Look out for Mahube Infrastructure, Reunert, RFG and Southern Sun as well. Greencoat Renewables is coming to the JSE.
Ghost Bites
GHOST BITES (Anglo American | Anglo American Platinum | Cashbuild | Gold Fields | Kumba Iron Ore | Supermarket Income REIT | Orion Minerals...
Anglo American, Anglo American Platinum and Kumba Iron Ore all released production updates. Further mining news came from Gold Fields and Orion Minerals. Cashbuild released a sales update. Zeder's financials show some pressure on Zaad's valuation. Supermarket Income REIT is seeding a joint venture.
Ghost Bites
GHOST BITES (Quantum Foods | MultiChoice – Santam – Sanlam)
Quantum Foods achieved a substantial jump in earnings based on improved conditions in the poultry sector. Santam and Sanlam have implemented their deal related to MultiChoice's insurance business.
Ghost Bites
GHOST BITES (Anglo American | Anglo American Platinum | aReit | Cashbuild)
Anglo American is ready to demerge Anglo American Platinum. Cashbuild has pulled the trigger on the acquisition of a few hardware stores. aReit has suffered large impairments.
Ghost Bites
GHOST BITES (Bell Equipment | Netcare | Novus | Orion Minerals | MultiChoice | Safari Investments | Telkom)
MultiChoice has rug pulled its B-BBEE investors. Bell Equipment is way off its offer price and earnings are dropping. Telkom and Netcare are both growing. Safari Investments is exiting Namibia. Novus and the TRP aren't friends. Orion released its long-awaited DFS for both major assets.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
