Latest Articles
21 July 2021
DP World to acquire Imperial Logistics for R12.7 billion
The deal supports Imperial’s broader ‘Gateway to Africa’ strategy, positioning it as the leading logistics partner in Africa.
20 July 2021
Competition Commission supports Mr Price’s R500 million acquisition of Yuppiechef
The commission believes the proposed deal is unlikely to significantly reduce or eliminate competition in the relevant markets.
20 July 2021
Standard Bank to acquire remaining Liberty stake for R10.6 billion
The deal will creating a financial conglomerate that will expand across the continent.
16 July 2021
Prosus shareholders agree to share exchange
Prosus shareholders approve share swap to secure a 49 percent stake in Naspers.
15 July 2021
AngloGold Ashanti submits proposal to buy Corvus Gold
The acquisition is consistent with AngloGold Ashanti’s Ore Reserve expansion strategy.
13 July 2021
Qatar Petroleum to acquire TotalEnergies’ exploration blocks in South Africa
Qatar Petroleum plans to acquire working interests in three offshore exploration blocks in South Africa.
12 July 2021
Imbalie Beauty has agreed to sell its subsidiaries to iBloom
The sale comes after one of Imbalie’s subsidiaries was hit by the Covid-19 outbreak.
05 July 2021
National Aviation Services and Colossal Africa complete acquisition of BidAir
Colossal Africa's participation in the BidAir transaction ensures a local shareholding.
03 July 2021
Old Mutual to distribute R10.4 billion in Nedbank shares to its investors
This will reduce Old Mutual’s stake in the bank to 7.2 percent from 19.4 percent.
02 July 2021
Long4Life to create a new focused niche retail business
The group plans to unbundle its Sport and Recreation division to create the new niche retail business.
13 June 2021
Naspers-controlled internet investment firm makes its first acquisition in educational tech
The Prosus-Stack Overflow deal comes weeks after Naspers sold a chunk of its Tencent holding.
12 June 2021
Anglo American finalises breakaway from thermal coal business
Anglo American’s demerger from its coal operations, Thungela Resources, is complete.
11 June 2021
Jubilee Metals Group acquires Eastern Limb PGM surface tailing rights
The group is now a dominant player in the recovery and retreatment of precious metals.
10 June 2021
Cannabis R650 million merger results in South Africa’s first seed-to-sale offering
The merger will create the largest vertically integrated marijuana operation on the continent.
09 June 2021
Volaris increases its all cash purchase offer to acquire Adapt IT
Adapt IT’s independent board says the Volaris proposal is within a fair price range.
08 June 2021
Shoprite concludes sale of Nigerian business
Shoprite has evaluated its capital allocation to non-RSA operations and decided to sell.
07 June 2021
Cash-out or bigger picture decisions for Adapt IT shareholders
Adapt IT tells shareholders to wait for the independent board to weigh in on Huge Group’s increased offer.
07 June 2021
CFO Pieter de Wit says Gravenhage acquisition will propel Afrimat to mid-tier miner
The acquisition of Gravenhage will increase Afrimat’s scale in the ferrous-metal value chain.
06 June 2021
Competition Commission blocks Burger King South Africa sale
The new ownership would significantly reduce the shareholdings of historically disadvantaged persons.
05 June 2021
Mondi complete acquisition of Turkish packaging company Olmuksan
The R1.8 billion deal makes Mondi the majority stakeholder in Olmuksan.
04 June 2021
Invicta Holdings set to dispose of 51 percent stake in Kian Ann Group
The sale is intended to align Invicta’s interests with its Chinese partners and yield better returns.
03 June 2021
Huge Group increases its takeover offer for Adapt IT
The technology acquisitions firm is willing to pay 65 percent more to keep Adapt IT in South Africa.
02 June 2021
Competition Commission halts Pepkor subsidiary sale
According to the commission, the sale would create a dominant building supplier in the country.
31 May 2021
Old Mutual subsidiary acquires 100 percent of ACTOM Group
The Competition Tribunal has unconditionally approved the acquisition of ACTOM by OMAI.
30 May 2021
Mediclinic receives an offer to sell its stake in Britain’s Spire Healthcare
Ramsay Health Care of Australia is offering 240p per share, taking Spire’s value up to £1 billion (R19.3-billion).
29 May 2021
Barloworld to dispose of its logistics division by the end of this year
The sale is intended to reposition Barloworld as an industrial processing, distribution, and services group.
28 May 2021
Afrimat expands into manganese mining
The acquisition is in line with Afrimat’s bulk commodities growth and diversification strategy.
27 May 2021
JSE-listed Labat Africa buys a 75 percent stake in Northern Cape cannabis producer
Labat Africa positions itself as a leading player in the world’s booming cannabis business.
24 May 2021
Sasol sells 30 percent stake in Mozambique pipeline
The deal is to help the petrochemicals giant pay down debt amid mounting pressure from creditors.
23 May 2021
Rex Trueform Group buys 63 percent stake of Telemedia
The acquisition of Telemedia will further diversify Rex Trueform’s portfolio.
22 May 2021
Curro to acquire Heronbridge College
The acquisition is aligned with Curro’s approach to expand its geographical footprint and to extend its education offering.
21 May 2021
Adapt IT rejects Huge Group takeover bid
The Durban-based firm says Huge’s offer falls way below the fair share price threshold.
14 May 2021
Clicks group to acquire Pick n Pay pharmacies
The acquisition will increase the group’s national presence to 632 pharmacies.
13 May 2021
PIC acquires Deloitte’s Waterfall offices for R1.7 billion
The purchase will increase the PIC’s exposure to premium grade assets in key strategic nodes.
12 May 2021
Coca-Cola buys Lesotho bottling plant
The entity will operate as a subsidiary of CCBA, with management control.
10 May 2021
Adapt IT granted an extension to review offers for takeover bid
Adapt IT has appointed an independent expert to check both offers from Volaris and Huge Group.
10 May 2021
PPC sells off its non-core asset as part of capital restructuring
Kgatelopele Lime, backed by leading global resource company IMR, takes over PPC operations.
10 May 2021
BidAir to join Africa’s largest air consortium
The National Aviation Services has signed a deal to acquire BidAir Services.
04 May 2021
Volaris gets significant backing to take over Adapt IT
The Canadian software solutions company wants to expand its presence in Africa, where it has limited reach.
04 May 2021
Altron to acquire IT business Lawtrust for R245 million
The acquisition will set Altron up to offer an even more comprehensive tech offering than it currently does.
24 April 2021
Eskom in talks to sell Mpumalanga housing project
The cash-strapped power utility blew R800 million on the project meant for Kusile workers.
23 April 2021
Finbond Group to acquire an initial 17 percent stake in C1 Holdings
The acquisition will significantly improve Finbond’s fintech and data science exposure.
22 April 2021
Imperial to get R1.45 billion from shipping business sale
The sale is in line with its business strategy to focus on local “gateway to Africa” operations.
21 April 2021
Consolidated Wealth acquires 100 percent of JH Allen
The company now manages R3 billion for clients across multiple financial industries.
14 April 2021
Anglo American set to vote on coal demerger
Anglo American has announced details of shareholder voting arrangements for the planned demerger of its South African coal assets.
14 April 2021
Extensive amendments proposed to merger filing forms
Shawn van der Meulen, Hoosein Mayet and Elisha Bhugwandeen unpack the new rules of the Competition Commission.
12 April 2021
Exxaro sells three coal mining operations to Overlooked Colliery
Exxaro has sold three noncore coal miners to a BBE junior miner.
09 April 2021
Volaris makes an offer to acquire Adapt IT
Canadian software group Volaris has made a cash offer to acquire technology company, Adapt IT.
08 April 2021
Mr Price approved to acquire Power Fashion
Mr Price and Power Fashion merger has been approved by the Competition Tribunal.
07 April 2021
FNB targets unbanked businesses in townships
The bank has acquired 100 percent of fintech solutions company Selpal.
25 March 2021
Renault to sell Daimler stake and continue partnership
The sale is an effort to secure capital after a record annual loss.
24 March 2021
Arcserve and StorageCraft conclude merger
The merger positions the newly formed entity as a global leader in data protection and management.
23 March 2021
AYO Technology poised to lead innovation in remote working technology solutions
ICT investment group acquires 100 percent of Kathea Communications for R90-million.
18 March 2021
iGas, PetroSA and Strategic Fuel Fund set to merge
The union will form a new entity and help recover losses suffered by PetroSA.
17 March 2021
Master Drilling buys 40 percent of Ava Solutions
Digital disruptors in the mining and engineering sector set their sights on global domination.
16 March 2021
TFG buys House of Monatic
TFG's acquisition will save Monatic from the brink of closure.
16 March 2021
Mr Price buys Yuppiechef for R470 million
The all-cash deal will allow Mr Price to access higher LSM clients.
15 March 2021
Tsogo Sun Hotels moves to acquire remaining shares in Hospitality Property Fund
The acquisition will see Tsogo Sun Hotels hold 100 percent of the Hospitality Fund’s shares.
13 March 2021
Motus Holdings buys GetWorth
South Africa's leading automotive group increases its foothold in online car sales.
12 March 2021
Massmart to sell Cambridge Food, Rhino, and Massfresh businesses
The alcohol sales ban had a devastating impact on the retailer's non-core assets.
11 March 2021
Brikor buys 40 percent stake in Zingaro Holdings
Zingaro’s growth in revenue may prompt Brikor to buy the remaining shares by 2023.
09 March 2021
CIG no longer acquiring Wearne Muldersdrift property and mining rights
This comes as the conditions of the sale of properties and mining right agreement were not fulfilled.
05 March 2021
Steinhoff to sell and lease back European properties
This sale is Steinhoff’s attempt at reducing debt and paying back creditors.
03 March 2021
French power utility acquires 40 percent stake in Xina Solar One
IPP expands its footprint in South Africa, bringing some relief during peak demand.
28 February 2021
Arcserve and StorageCraft set to merge
The merger will produce a wide range of best-in-class business continuity solutions from a single vendor.
27 February 2021
ParcelNinja sells a 60-percent stake to Imperial
Imperial sets its sights on disruptive technology businesses and broadens its e-commerce scope.
26 February 2021
Exxaro sells bulk of Tronox stake
The proposed transaction is in line with Exxaro’s strategy to monetise its stake in Tronox.
23 February 2021
Competition Commission approves sale of John Craig to Blue Falcon
The green light will save around 422 jobs despite the closure of John Craig’s non-performing stores.
22 February 2021
Devland Cash and Carry to take over Masscash operations in SA
The merger will promote a greater spread of ownership in the retail grocery space.
15 February 2021
MTN sells its stake in BICS
The group is selling its shareholding in Belgacom International Carrier Services SA for R1.8 billion.
10 February 2021
Net1 sells its final stake in Bank Frick
The sale is part of Net1’s efforts to reduce losses from its non-core operations.
08 February 2021
Orion guns for Northern Cape mining district
Orion Minerals plans to acquire a 56.25 percent stake in tantalum mining.
03 February 2021
AREP acquires stake in SOLA Group
The acquisition forms part of AREPs strategy to increase its footprint in renewables.
02 February 2021
Huge Group sets sights on Adapt IT
The deal valued at R795 million, saw the company’s share price soar.
26 January 2021
Tsogo Sun Hotels to acquire outstanding hospitality shares
Tsogo Sun Hotels shareholders have until 29 January to accept share purchase offer.
20 January 2021
Wilson Bayly Holmes Ovcon’s Probuild sale falls through
The sale fell through after the Australian government refused the deal in the interests of national security.
20 January 2021
NovaTech purchases shareholding in Swift Engineering
Grindrod’s technical division has been in talks of a potential partnership with Swift Engineering since 2020.
20 January 2021
Mondi to acquire Turkish packaging company Olmuksan
Mondi will acquire 90.38 percent of the company’s shares in the first half of 2021.
20 January 2021
Barloworld in talks to sell its dealerships
Barloworld in discussions with Durban group to dispose of vehicle dealerships.
07 December 2020
Quantum Foods to acquire LP Buhr Boerdery
Quantum Foods has entered into an agreement to buy the entire shareholding in LP Buhr Boerdery.
01 December 2020
Mr Price acquires Power Fashions
Mr Price buys family-owned retail chain that offers more than just clothing.
30 November 2020
Sasol shareholders back joint venture with LyondellBasell
Sasol shareholders endorse a joint venture with LyondellBasell as part of a debt repayment plan.
30 November 2020
HR consultancy 21st Century acquires Analytico
The HR consultancy has bought data analytics firm Analytico in a first for the SA market.
20 November 2020
Redefine acquires M1 Commercial Centre
Redefine completes European acquisition in order to simplify its offshore asset platform.
20 November 2020
Nutritional Holdings secures cannabis oil deal with Ukusekela acquisition
Ukusekela acquisition positions Nutritional Holdings to secure Japanese cannabis oil contract.
20 November 2020
Imperial invests in Lori Systems to enhance logistics capability
Imperial partners with Lori Systems to expand e-logistics solutions across the continent.
20 November 2020
FNZ to acquire Silica from Ninety One
FNZ plans to purchase South African administration firm Silica from Ninety One.
20 November 2020
AngloGold sells off Morila mine to Firefinch
AngloGold Ashanti and Barrick conclude sale of Morila mine as AngloGold streamlines its portfolio.
19 November 2020
Alviva Holdings acquired technology distributor Tarsus
Alviva Holdings entered into an agreement with Mamzen to purchase Tarus for R183,4 million.
09 November 2020
Prosus to buy Naspers and Prosus shares
Naspers subsidiary to purchase $5 billion in shares as investment in group’s internet portfolio.
09 November 2020
MTN raises R2.3 billion from sale of Jumia stake
Telco sells 18.9% stake of e-commerce platform Jumia as part of R25 billion divestment plan.
09 November 2020
Airlink looks for deals to fill SAA, Comair void
Airlink is in talks with several foreign airlines in a bid to broaden their regional footprint.
09 November 2020
Aton Resources welcomes investor
Medaf Mining and Manufacturing will be purchasing 17,92 million Aton Resources units for $0.40 per unit.
09 November 2020
SA Bidco gets thumbs up to buy Comair
BA’s local operator Comair to be bought by BidCo after Competition Commission approval.
09 November 2020
Stor-Age and Moorfield announce UK-focused joint venture
Stor-Age and Moorfield have form a R1.1 billion self-storage joint venture.
22 October 2020
Afrox to delist from the JSE as part of Linde Group acquisition plan
The Linde Group intends to buy the remaining shares of Afrox, after which it plans to delist the company.
21 October 2020
Pick n Pay to acquire online delivery app Bottles
Pick n Pay has concluded an agreement to buy online grocery delivery service Bottles.
19 October 2020
Famous Brands's UK fast food chain sold in pre-pack deal
Famous Brands's UK burger chain Gourmet Burger Kitchen has been sold to Boparan Restaurant Group.
19 October 2020
Invenfin acquires stake in National HealthCare Group
Healthcare innovator gets backing of two investment holding companies.
15 October 2020
Telkom takes Vodacom spectrum agreement to Competition Tribunal
Telkom believes that the Vodacom spectrum agreement with Rain should be declared as a merger.
13 October 2020
Sun International casino property hits the market
Sun International has put its Carousel Casino complex in the North West up for sale.
09 October 2020
Old Mutual Corporate Consultants acquires PwC’s Research Services business
Old Mutual Corporate Consultants has concluded a purchase agreement for 100 percent of PwC’s research arm.
09 October 2020
Invenfin acquires stake in healthcare group
Invenfin announces investment into National HealthCare Group
08 October 2020
SA Express staff get the nod for buy-out bid
A group of former SA Express workers have received approval to bid for the airline.
07 October 2020
French media company takes a 6.5 percent stake in MultiChoice
French broadcasting giant Canal+ becomes MultiChoice’s second largest shareholder.
07 October 2020
Tiger Brands disposes of abattoir in R100 million sale
The company completed the sale as part of its exit from value-added meat products.
06 October 2020
Ascendis Health eyes NHI for growth
Health and wellness company Ascendis looks to private-public collaboration to grow.
06 October 2020
Sasol to sell 50 percent stake in Lake Charles Chemicals business
LyondellBasell will buy a 50 percent stake in LCCP Base Chemicals Business for $2 billion.
23 September 2020
Sale of Tongaat Hulett starch business to go ahead
Rothschild & Co's ruling that an MAC has not occurred means the transaction can go ahead.
21 September 2020
Woolworths receives several non-binding offers for David Jones
Several offers have been made for Woolworths' troubled Australian David Jones properties.
21 September 2020
Competition Commission urges Tribunal to approve TFG's acquisition of Jet stores
The Foschini Group acquisition of Jet from Edcon is pending the Competition Tribunal's approval.
16 September 2020
Harmony Gold concludes acquisition of AngloGold Ashanti's SA assets
Interim CEO Christine Ramon: AngloGold Ashanti well-positioned to deliver better returns.
15 September 2020
Sasol to sell air separation business to Air Liquide for about R8.5 billion
Air Liquide will take full ownership and overall responsibility for managing the air separation units.
10 September 2020
Trace Group acquires majority stake in Okuhle Media
Okuhle Media will enhance Trace's audiovisual production expertise.
10 September 2020
Digital Currency Group to acquire Luno
Digital Currency Group will help the cryptocurrency exchange Luno expand globally.
08 September 2020
JSE-listed RDI to sell UK retail parks of six assets for £156.9?million to M7 Real Estate
The proceeds of the sale will be used to reduce RDI's revolving credit facility by about £100 million.
08 September 2020
SAMRO to sell Dramatic, Artistic and Literary Rights Organisation
SAMRO will be selling the subsidiary to a consortium led by DALRO MD Lazarus Serobe.
07 September 2020
Competition Commission approves sale of Edgars stores to Retailability
The sale of the 131 stores to Retailability will save the Edgars brand and 5,200 jobs.
06 September 2020
FNB named South Africa's most valuable brand in BrandZ Top 30
First National Bank takes first place for the first time with a brand value of $2.795 billion.
04 September 2020
JSE gets go-ahead to acquire 74.85 percent shareholding in Link Market Services SA
JSE CEO Leila Fourie: The acquisition of Link SA paves the way to exciting new opportunities.
