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.
Anglo American finalises breakaway from thermal coal business
Anglo American’s demerger from its coal operations, Thungela Resources, is complete.
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.
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.
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.
Shoprite concludes sale of Nigerian business
Shoprite has evaluated its capital allocation to non-RSA operations and decided to sell.
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.
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.
Competition Commission blocks Burger King South Africa sale
The new ownership would significantly reduce the shareholdings of historically disadvantaged persons.
Mondi complete acquisition of Turkish packaging company Olmuksan
The R1.8 billion deal makes Mondi the majority stakeholder in Olmuksan.
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.
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.
Competition Commission halts Pepkor subsidiary sale
According to the commission, the sale would create a dominant building supplier in the country.
Old Mutual subsidiary acquires 100 percent of ACTOM Group
The Competition Tribunal has unconditionally approved the acquisition of ACTOM by OMAI.
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).
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.
Afrimat expands into manganese mining
The acquisition is in line with Afrimat’s bulk commodities growth and diversification strategy.
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.
Sasol sells 30 percent stake in Mozambique pipeline
The deal is to help the petrochemicals giant pay down debt amid mounting pressure from creditors.
Rex Trueform Group buys 63 percent stake of Telemedia
The acquisition of Telemedia will further diversify Rex Trueform’s portfolio.
Curro to acquire Heronbridge College
The acquisition is aligned with Curro’s approach to expand its geographical footprint and to extend its education offering.
Adapt IT rejects Huge Group takeover bid
The Durban-based firm says Huge’s offer falls way below the fair share price threshold.
Clicks group to acquire Pick n Pay pharmacies
The acquisition will increase the group’s national presence to 632 pharmacies.
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.
Coca-Cola buys Lesotho bottling plant
The entity will operate as a subsidiary of CCBA, with management control.
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.
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.
BidAir to join Africa’s largest air consortium
The National Aviation Services has signed a deal to acquire BidAir Services.
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.
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.
Eskom in talks to sell Mpumalanga housing project
The cash-strapped power utility blew R800 million on the project meant for Kusile workers.
Finbond Group to acquire an initial 17 percent stake in C1 Holdings
The acquisition will significantly improve Finbond’s fintech and data science exposure.
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.
Consolidated Wealth acquires 100 percent of JH Allen
The company now manages R3 billion for clients across multiple financial industries.
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.
Extensive amendments proposed to merger filing forms
Shawn van der Meulen, Hoosein Mayet and Elisha Bhugwandeen unpack the new rules of the Competition Commission.
Exxaro sells three coal mining operations to Overlooked Colliery
Exxaro has sold three noncore coal miners to a BBE junior miner.
Volaris makes an offer to acquire Adapt IT
Canadian software group Volaris has made a cash offer to acquire technology company, Adapt IT.
Mr Price approved to acquire Power Fashion
Mr Price and Power Fashion merger has been approved by the Competition Tribunal.
FNB targets unbanked businesses in townships
The bank has acquired 100 percent of fintech solutions company Selpal.
Renault to sell Daimler stake and continue partnership
The sale is an effort to secure capital after a record annual loss.
Arcserve and StorageCraft conclude merger
The merger positions the newly formed entity as a global leader in data protection and management.
AYO Technology poised to lead innovation in remote working technology solutions
ICT investment group acquires 100 percent of Kathea Communications for R90-million.
iGas, PetroSA and Strategic Fuel Fund set to merge
The union will form a new entity and help recover losses suffered by PetroSA.
Master Drilling buys 40 percent of Ava Solutions
Digital disruptors in the mining and engineering sector set their sights on global domination.
TFG buys House of Monatic
TFG's acquisition will save Monatic from the brink of closure.
Mr Price buys Yuppiechef for R470 million
The all-cash deal will allow Mr Price to access higher LSM clients.
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.
Motus Holdings buys GetWorth
South Africa's leading automotive group increases its foothold in online car sales.
Massmart to sell Cambridge Food, Rhino, and Massfresh businesses
The alcohol sales ban had a devastating impact on the retailer's non-core assets.
Brikor buys 40 percent stake in Zingaro Holdings
Zingaro’s growth in revenue may prompt Brikor to buy the remaining shares by 2023.
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.
Steinhoff to sell and lease back European properties
This sale is Steinhoff’s attempt at reducing debt and paying back creditors.
French power utility acquires 40 percent stake in Xina Solar One
IPP expands its footprint in South Africa, bringing some relief during peak demand.
Arcserve and StorageCraft set to merge
The merger will produce a wide range of best-in-class business continuity solutions from a single vendor.
ParcelNinja sells a 60-percent stake to Imperial
Imperial sets its sights on disruptive technology businesses and broadens its e-commerce scope.
Exxaro sells bulk of Tronox stake
The proposed transaction is in line with Exxaro’s strategy to monetise its stake in Tronox.
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.
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.
MTN sells its stake in BICS
The group is selling its shareholding in Belgacom International Carrier Services SA for R1.8 billion.
Net1 sells its final stake in Bank Frick
The sale is part of Net1’s efforts to reduce losses from its non-core operations.
Orion guns for Northern Cape mining district
Orion Minerals plans to acquire a 56.25 percent stake in tantalum mining.
AREP acquires stake in SOLA Group
The acquisition forms part of AREPs strategy to increase its footprint in renewables.
Huge Group sets sights on Adapt IT
The deal valued at R795 million, saw the company’s share price soar.
Tsogo Sun Hotels to acquire outstanding hospitality shares
Tsogo Sun Hotels shareholders have until 29 January to accept share purchase offer.
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.
NovaTech purchases shareholding in Swift Engineering
Grindrod’s technical division has been in talks of a potential partnership with Swift Engineering since 2020.
Mondi to acquire Turkish packaging company Olmuksan
Mondi will acquire 90.38 percent of the company’s shares in the first half of 2021.
Barloworld in talks to sell its dealerships
Barloworld in discussions with Durban group to dispose of vehicle dealerships.
Quantum Foods to acquire LP Buhr Boerdery
Quantum Foods has entered into an agreement to buy the entire shareholding in LP Buhr Boerdery.
Mr Price acquires Power Fashions
Mr Price buys family-owned retail chain that offers more than just clothing.
Sasol shareholders back joint venture with LyondellBasell
Sasol shareholders endorse a joint venture with LyondellBasell as part of a debt repayment plan.
HR consultancy 21st Century acquires Analytico
The HR consultancy has bought data analytics firm Analytico in a first for the SA market.
Redefine acquires M1 Commercial Centre
Redefine completes European acquisition in order to simplify its offshore asset platform.
Nutritional Holdings secures cannabis oil deal with Ukusekela acquisition
Ukusekela acquisition positions Nutritional Holdings to secure Japanese cannabis oil contract.
Imperial invests in Lori Systems to enhance logistics capability
Imperial partners with Lori Systems to expand e-logistics solutions across the continent.
FNZ to acquire Silica from Ninety One
FNZ plans to purchase South African administration firm Silica from Ninety One.
AngloGold sells off Morila mine to Firefinch
AngloGold Ashanti and Barrick conclude sale of Morila mine as AngloGold streamlines its portfolio.
Alviva Holdings acquired technology distributor Tarsus
Alviva Holdings entered into an agreement with Mamzen to purchase Tarus for R183,4 million.
Prosus to buy Naspers and Prosus shares
Naspers subsidiary to purchase $5 billion in shares as investment in group’s internet portfolio.
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.
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.
Aton Resources welcomes investor
Medaf Mining and Manufacturing will be purchasing 17,92 million Aton Resources units for $0.40 per unit.
SA Bidco gets thumbs up to buy Comair
BA’s local operator Comair to be bought by BidCo after Competition Commission approval.
Stor-Age and Moorfield announce UK-focused joint venture
Stor-Age and Moorfield have form a R1.1 billion self-storage joint venture.
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.
Pick n Pay to acquire online delivery app Bottles
Pick n Pay has concluded an agreement to buy online grocery delivery service Bottles.
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.
Invenfin acquires stake in National HealthCare Group
Healthcare innovator gets backing of two investment holding companies.
Telkom takes Vodacom spectrum agreement to Competition Tribunal
Telkom believes that the Vodacom spectrum agreement with Rain should be declared as a merger.
Sun International casino property hits the market
Sun International has put its Carousel Casino complex in the North West up for sale.
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.
Invenfin acquires stake in healthcare group
Invenfin announces investment into National HealthCare Group
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.
French media company takes a 6.5 percent stake in MultiChoice
French broadcasting giant Canal+ becomes MultiChoice’s second largest shareholder.
Tiger Brands disposes of abattoir in R100 million sale
The company completed the sale as part of its exit from value-added meat products.
Ascendis Health eyes NHI for growth
Health and wellness company Ascendis looks to private-public collaboration to grow.
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.
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.
Woolworths receives several non-binding offers for David Jones
Several offers have been made for Woolworths' troubled Australian David Jones properties.
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.
Harmony Gold concludes acquisition of AngloGold Ashanti's SA assets
Interim CEO Christine Ramon: AngloGold Ashanti well-positioned to deliver better returns.
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.
Trace Group acquires majority stake in Okuhle Media
Okuhle Media will enhance Trace's audiovisual production expertise.
Digital Currency Group to acquire Luno
Digital Currency Group will help the cryptocurrency exchange Luno expand globally.
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.
SAMRO to sell Dramatic, Artistic and Literary Rights Organisation
SAMRO will be selling the subsidiary to a consortium led by DALRO MD Lazarus Serobe.
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.
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.
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.
AngloGold Ashanti and Barrick Gold to sell 80 percent stake in Morila Gold Mine
AngloGold Ashanti and Barrick Gold plan to sell its stakes in Morila Gold Mine to Mali Lithium.
Exxaro Resources sees revenue increase due to consolidation of energy revenue
CFO Riaan Koppeschaar: Strength and resilience resulted in positive operational and financial results.
Country Bird Holdings won't be renaming Enterprise brand
Country Bird Holdings will, however, be renaming Enterprise Foods, which it bought from Tiger Brands.
Edcon Holdings signs purchase agreement to sell parts of Edgars to Retailability
The sale of its Edgars brand to rival Retailability, will result in the saving of a number of jobs.
AYO acquires Kathea Communication Solutions and Kathea Energy
CEO Howard Plaatjies: These transactions support the group's contribution towards SA's sustainability.
Famous Brands sells controlling stake in tashas
Famous Brands has sold its controlling 51 percent stake in the boutique café brand back to founders.
Network International acquires 100 percent of DPO Group
The acquisition will allow DPO Group to broaden its online commerce offering through Africa.
Fagerhult Group plans to exit South African business
CFO Michael Wood says Fagerhult to focus its investments on more attractive growth opportunities.
Altron goes ahead with potential separation and listing of Bytes UK subsidiary
Bytes UK CEO Neil Murphy said the company can now executive its growth strategy independently.
RMI enters joint venture with OUTsurance and Sampo to acquire Hastings Group
RMI CEO Herman Bosman: The venture is an investment to target the UK home insurance market.