This episode of the Ghost Bites podcast on YouTube and Apple Podcasts / Spotify covers Accelerate Property Fund, Alphamin, Purple Group and Sappi.

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

Purple's Telescope AI deal is a good example of a vertical integration - at a price. In mining, Northam Platinum released strong production numbers, while Mantengu may have locked in a profit on the iron beneficiation plant. In property, Spear REIT sold two properties for a tidy profit, but it's time to put Schroder European Real Estate out of its misery.

Purple Group's flywheel is really spinning now. This is the J-curve in action! At RMB Holdings (RMH), there's a lesson to be learnt around why marketability discounts are practically necessary to take into account.

FirstRand has suffered huge losses from the FCA's motor redress scheme in the UK. Combined Motor Holdings (CMH) continues to do well. Purple Group is also on a strong growth path.

Powerfleet is closer to achieving a net profit. Shock and horror: Standard Bank is not actually trying to acquire other banks. Trellidor's earnings have collapsed - will the turnaround ever come?

Mr Price's performance reflects just how tough the local apparel sector is at the moment. Vukile is selling a mature portfolio of assets in Spain. Datatec is getting a foothold in the Balkans via a cybersecurity acquisition.

Bidcorp and Woolworths released encouraging numbers. Purple is charging up the J-curve. Gold Fields hosted a capital markets day, while Harmony Gold's numbers showed why they are lagging behind. Look out for Dipula and Emira in property, along with PBT Holdings, RFG Holdings, RMB Holdings and Stefanutti Stocks on a busy day of news.