Wednesday, October 29, 2025
Tag:

Prosus

Ghost Bites (Astoria | FirstRand | iOCO | Pick n Pay)

Pick n Pay's losses remain stubbornly high, with reasons for investors to be concerned about this turnaround. iOCO is doing well these days and has given strong guidance. FirstRand took a 20.1% stake in Optasia. Astoria is adding its name to the list of companies that would prefer to build in private.

Ghost Bites (4Sight | Insimbi | Jubilee Metals | Labat | Prosus | Safari Investments – Heriot | Stefanutti Stocks | Standard Bank)

Safari Investments plans to go private with Heriot - but at a cheeky price. Prosus will get 100% of Just Eat Takeaway.com. Standard Bank's performance is consistent. Labat is a very different company now. On a busy day, we also saw updates from the likes of 4Sight, Insimbi, Jubilee Metals and Stefanutti Stocks.

Weekly corporate finance activity by SA exchange-listed companies

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

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Africa Bitcoin Corporation | Curro | eMedia | Orion Minerals | Prosus | Trustco)

Curro is ready to go private. Prosus can close the Just Eat Takeaway.com deal. eMedia is making a significant offshore investment. Africa Bitcoin Corporation needs to get up the J-curve a lot faster. Orion Minerals is enjoying strong capital raising support. Trustco has once again angered the JSE.

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

Prosus: OLX Group to acquire La Centrale in France for €1.1 billion

Prosus announced that OLX Group, a wholly-owned global online classifieds leader, has agreed to acquire La Centrale in France for €1.1 billion. This marks OLX's entry into Western Europe and plays into the AI-enhanced platforms strategy at Prosus.
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