Tag:
Tiger Brands
Ghost Bites
Ghost Bites (Blu Label – Cell C | Hammerson | Sea Harvest | Sirius Real Estate | SPAR)
Cell C's IPO fell short on pricing. SPAR's difficult turnaround continues. Sea Harvest is selling Ladismith Cheese. Hammerson bought a UK property and Sirius Real Estate closed an acquisition in Germany.
Ghost Bites
Ghost Bites (Brait | Cell C | Italtile | Premier – RFG Holdings | Sanlam)
Cell C's offer is open to qualifying shareholders. Brait is enjoying a strong lift at Virgin Active. Premier - RFG have released their merger circular. Italtile is still struggling. Sanlam's numbers are going to become trickier to interpret.
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 (Bidcorp | Dipula Properties | Emira Property Fund | Gold Fields | Harmony Gold | PBT Holdings | Purple Group | RFG...
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.
Ghost Bites
Ghost Bites (Exemplar REITail | Octodec | Omnia | PPC | Raubex | Shoprite | Sibanye-Stillwater | Telkom | Tiger Brands | Vodacom)
In the grocery sector, we saw Shoprite with a quarterly update and Tiger Brands with a bullish narrative. In telcos, Vodacom had a great period and Telkom has built on the success of last year. Look out for Exemplar REITail and Octodec in property, along with Omnia, PPC and Raubex from the "real" economy. Finally, Sibanye settled with Appian.
Ghost Bites
Ghost Bites (ASP Isotopes | Assura – Primary Health Properties | Lesaka Technologies | Netcare | Orion Minerals | Renergen | York Timber)
Assura, Lesaka Technologies, Netcare and York Timber released important financial updates. Orion Minerals is raising money again. Renergen's latest quarterly update is light on production, heavy on corporate activity. ASP Isotopes has a temporary change of management and a new US customer.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
Ghost Bites (Accelerate Property Fund | Assura – Primary Health Properties | Castleview | Jubilee Metals | MAS – Hyprop | Reinet | Sibanye-Stillwater...
The MAS situation is really heating up now, with the board giving strong views on the Hyprop offer. The Assura - Primary Health offer is going nowhere fast. Castleview has glaring capital raising inconsistencies. Sibanye announced an acquisition in the US. Accelerate's related party headaches continue. Jubilee Metals, Reinet and South32 released numbers.
