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Visual International

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 (Labat Africa | Old Mutual | South Ocean Holdings)

When will Labat Africa engage with the market and tell their story? Old Mutual reminds us just how well our market infrastructure works in South Africa (especially compared to Zimbabwe). South Ocean Holdings expands in Cape Town.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Remgro | South32)

South32 is getting out of the aluminium sector - and the market really likes the deal. Remgro has concluded the Mediclinic restructure.

Ghost Bites (BHP | Brait | enX | Libstar | Reinet | Sephaku | STADIO)

Brait is stretching the definition of "value unlock" to breaking point. Libstar is having a rough interim period. BHP's Jansen Project is neither on time nor on budget. In happier news, STADIO's growth strategy is working and Sephaku grew earnings despite pressure at its associate. Reinet is starting to return cash to shareholders. enX found an international buyer for New Way Power.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (CA Sales | Premier | Stor-Age | Vukile Property)

Vukile is doing well everywhere, while property sector peer Stor-Age's strong local performance is being diluted by tough conditions in the UK. It's Chuckles all round for Premier investors thanks to the Millbake numbers. CA Sales is dipping into digital with a new acquisition.

Ghost Bites (Alexforbes | Master Drilling | MC Mining | Novus | Trematon)

Alexforbes posts single-digit growth. Master Drilling has declared a dividend based on recent trading conditions. MC Mining is raising debt from two shareholders. Novus has a small earnings decline. Trematon found a buyer for Generation Education.