Latest Articles
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.
31 August 2020
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.
29 August 2020
Exxaro Resources sees revenue increase due to consolidation of energy revenue
CFO Riaan Koppeschaar: Strength and resilience resulted in positive operational and financial results.
28 August 2020
Country Bird Holdings won't be renaming Enterprise brand
Country Bird Holdings will, however, be renaming Enterprise Foods, which it bought from Tiger Brands.
25 August 2020
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.
25 August 2020
AYO acquires Kathea Communication Solutions and Kathea Energy
CEO Howard Plaatjies: These transactions support the group's contribution towards SA's sustainability.
24 August 2020
Famous Brands sells controlling stake in tashas
Famous Brands has sold its controlling 51 percent stake in the boutique café brand back to founders.
21 August 2020
Network International acquires 100 percent of DPO Group
The acquisition will allow DPO Group to broaden its online commerce offering through Africa.
15 August 2020
Fagerhult Group plans to exit South African business
CFO Michael Wood says Fagerhult to focus its investments on more attractive growth opportunities.
07 August 2020
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.
06 August 2020
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.
06 August 2020
Pepkor enters into sale and purchase agreement with Cashbuild
Pepkor plans to sell its entire issued share capital of The Building Company to Cashbuild.
02 August 2020
Prosus raises more than $2 billion through oversubscribed debt offering
The proceeds of the offerings will go to future merger and acquisitions activity.
28 July 2020
PIC to increase shareholding in Sibanye-Stillwater
The Public Investment Corporation wants to increase its shareholding from 10 to 15 percent.
27 July 2020
Petra Diamonds sells 100 percent stake in Sekaka Diamonds to Botswana Diamonds
The proceeds of the $300,000 sales will go towards repaying Petra Diamonds' $650 million debt.
26 July 2020
African economies batten down the hatches as Covid-19 hits
Research shows that the volume of M&A deals in South Africa fell by 18 percent.
25 July 2020
Taste Holdings moves to auction off contents of its Domino's Pizza stores
Offers to purchase the contents of the franchise opened on 21 July and closed on 4 August.
24 July 2020
Tsogo Sun Hotels sells 50 percent stake in Maia Resort property to MH
The R465 million proceeds of the sale will go towards reducing the group's debt.
23 July 2020
Sasol has identified ten assets that will be prioritised for sale
CFO Paul Victor says that the sale of these assets can assist Sasol in paying down its debt.
23 July 2020
Astral CFO Daan Ferreira fears that its supplier agreement with Quantum Foods is at risk
This comes after Zeder sold part of its stake in Quantum to Astral competitor, Country Bird Holdings.
23 July 2020
Zeder is debt free after sale of Pioneer Foods and Quantum Foods
The transactions ensured Zeder is well capitalised during the crisis, says CEO Norman Celliers.
19 July 2020
South African Pierre Naudé's fintech company, nCino, makes headlines with $91 share price
The share price spike has made nCino one of the most successful listings of the year so far.
16 July 2020
The Foschini Group places offer of R480 million for Edcon retail division Jet
TFG CFO Bongiwe Ntuli: There is alignment between TFG's product and value offerings with the Jet brand.
12 July 2020
Steinhoff to sell its European Conforama France business to Mobilux
The disposal will secure the future of Conforama France by releasing it from its liabilities.
11 July 2020
South Africa's Competition Tribunal gives Tongaat Hulett Starch sale the go-ahead
The Competition Tribunal has approved the acquisition of Tongaat Hulett Starch by the KLL Group.
10 July 2020
Edcon to sell parts of Edgars to Retailability
The sale will save a significant number of jobs and lead to the sustainability of the Edgars brand.
09 July 2020
Adcorp to offload Dare Australia after revenue decline
Dare Australia revenue declines due to drought and flooding conditions in the first half of 2020.
04 July 2020
Starwood Capital Group acquires 111.9 million shares in Redefine Properties RDI REIT
FD Leon Kok says disposal of Redefine's RDI shares will reduce its loan-to-value ratio.
03 July 2020
SA Express to auction its assets in an attempt to avoid final liquidation
The airline's provisional liquidators have placed jets, engines and other equipment on auction.
02 July 2020
Maverick & legend: The lasting legacy of our founder Alex van Groningen
The indomitable founder of CFO SA, CHRO SA and M&A Africa has passed away in his home country, The Netherlands.
02 July 2020
Intu Properties shares suspended from London and Johannesburg stock exchanges
The suspension is a result of discussions with shareholders about debt standstill reaching no conclusion.
01 July 2020
African Phoenix to delist from JSE following acquisition by Legae Peresec
Legae Peresec acquired almost half of African Phoenix's shares on 29 June.
29 June 2020
CFO Mark Stirton: Mr Price to focus on South Africa in a more concentrated way
Mr Price has already shut four of its five Nigerian stores and expects to close the last one soon.
25 June 2020
Peter Hayward-Butt says Covid put a spanner in the sale of Brait's Virgin Active chains
Peter Hayward-Butt says Covid put a spanner in the sale of Brait's Virgin Active chains.
25 June 2020
TeleMasters concludes ConexLink acquisition
TeleMasters has acquired a 25 percent stake in data centre specialist ConexLink.
25 June 2020
Nueva Inversiones Pacifico expresses intention to acquire 50.1 percent of Sun International
Sun International shareholder Value Capital Partners opposes the bid, stating it's not enough.
25 June 2020
Take a structured approach to M&A due diligence
LexisNexis's Rudi Kruger expects an increase in M&As over the next few months as companies look for help.
18 June 2020
Why ILS and cat bonds are weathering the current market volatility
Insurance-linked securities and cat bonds are proving remarkably resilient amid the Covid-19 crisis.
17 June 2020
Orange considering expanding into South Africa and Nigeria
Orange CEO Stephane Richard says it could make sense to be in an economy such as SA.
16 June 2020
Harmony Gold shareholders supports acquisition of AngloGold Ashanti's Mponeng
Harmony CEO Peter Steenkamp believes the acquisition remains a perfect fit for the group.
16 June 2020
Edcon plans to sell its clothing retail divisions as part of its business rescue plan
Edcon's BRPs have said that the businesses who aren't sold will be auctioned off, among other means.
12 June 2020
EOH sells non-core assets to delever its R1.6 billion debt
EOH has been able to reduce its liabilities for acquisitions from R204 million to R114 million.
02 June 2020
RMB Holdings receives green light to unbundle its entire stake FirstRand Bank
RMH's Herman Bosman: The unbundling ends a multi-decade relationship between RMH and FirstRand.
02 June 2020
Merafe Resources acquires 20.5 percent stake in Unicorn Chrome from Glencore
Merafe considers the acquisition of Unicorn Chrome a valuable addition to its chrome interests.
02 June 2020
Finbond Group to exit South Africa and increase focus on North America and Europe
Finbond said that lockdown and a weak economy have limited new business growth potential in SA.
31 May 2020
CFO Brent Robertson: Premier only to pursue potential acquisitions after Covid-19
Premier Fishing and Brands is looking to preserve as much cash as possible says Brent.
30 May 2020
PSG Group to distribute 32 million of its Capitec shares to shareholders
PSG Group will retain 4.3 percent stake in Capitec through its PSG Financial Services subsidiary.
29 May 2020
Eskom to sell some of its non-core assets to reduce R450 billion debt
CEO Andre de Ruyter says the debt has been identified as government's biggest liability.
29 May 2020
Grand Parade Investments to negotiate the disposal of its Burger King shares
The renegotiation comes when Burger King has been significantly impacted by Covid-19 lockdown.
29 May 2020
CFO Paul Victor: Sasol has no intentions of divesting its downstream fuel retail business
Paul is confident that the business is fundamentally robust despite recent challenges and Covid-19.
25 May 2020
Pieter de Wit: Acquisition opportunities allow Afrimat to continue with its diversification strategy
Afrimat will be pursuing several acquisition opportunities, including the Nkomati Anthracite mine.
22 May 2020
Mulilo Renewable Energy and Greenstreet given go-ahead to acquire Mulilo Prieska and De Aar
The Competition Commission has approved the acquisition, finding that it raises no public interest concerns.
22 May 2020
Africa Data Centres completes acquisition of tier IV data centre from Standard Bank
CEO Stephane Duproz: The facility will redefine the data centre experience for customers.
21 May 2020
CFO Rui Morais says Dis-Chem excited about the Baby City acquisition
There are clear opportunities to harness synergies across both brands, says Rui.
17 May 2020
The Meeting Specialist a service provider of JSE, not a partner
The JSE has retracted its statement of a partnership with The Meeting Specialist on AGMs in SA.
16 May 2020
Sasol considering additional divestments to reduce its $10 billion debt
Sasol's asset review process has been extended to other measures to reposition its debt.
16 May 2020
Tongaat Hulett believes Barloworld's KLL Group is making a premature call on MAC notice
Tongaat's Gavin Hudson has been issued with a material adverse change notice on the sale of its starch business.
15 May 2020
Anglo American plans to exit its South African thermal coal business
The miner is looking at a possible demerger as its preferred exit option, as well as a trade sale.
12 May 2020
Group Five to delist from JSE on 12 June after 46 years
The company's shares have no value as it entered business rescue in September 2019.
08 May 2020
Bidvest acquisition of PHS expected to accelerate the hygiene industry during Covid-19
CEO Lindsay Ralphs says the acquisition marks an important step in Bidvest's internationalisation.
30 April 2020
Hudaco Industries lists on A2X
FD Clifford Amoils: Huddaco has listed on A2X so investors can trade at lower costs.
28 April 2020
Trematon Capital Investments' joint venture with Balwin Rentals has lost momentum
The joint venture is impacted by general weakness in the residential market and Covid-19 lockdown.
23 April 2020
Sanlam well capitalised to pursue mergers and acquisitions during pandemic
When the rest of the M&A world has come to a stop, Sanlam plans to keep discussions alive.
22 April 2020
Argility Technology Group to invest in Neo Retail Solutions
Argility CEO Marko Salic: The partnership will augment our goal of digitally transforming the business.
20 April 2020
Ascendis Health to sell Scitec subsidiary to restore liquidity to its balance sheet
The disposal of these assets follows Scitec's deteriorating financial performance in the past few years.
15 April 2020
Capitec has entered the unsecured vehicle finance market
Through a partnership with WeBuyCars, Capitec has launched an unsecured lending product.
09 April 2020
No more financial assistance for Gourmet Burger Kitchen says owner Famous Brands
This comes as UK store sales deteriorate following the shut down of all restaurants due to Covid-19.
08 April 2020
Fairvest sells Tokai Junction to FPG Holdings for R190 million
The disposal of Tokai Junction will be used to reduce Fairvest's debt.
07 April 2020
Standard Bank acquires a 40 percent stake in Payment24 Group
The acquisition will allow Standard Bank to provide digitally-enabled fuel solutions to its partners.
06 April 2020
AB InBev postpones SAB Zenzele B-BBEE ownership transaction due to Covid-19
The ownership transaction and SAB Zenzele Scheme has been postponed for up to one year.
03 April 2020
BDO South Africa acquires division of SNG Grant Thornton's Durban office
BDO South Africa has already acquired SNG Grant Thornton's Cape Town, Johannesburg and PE offices.
30 March 2020
Covid-19: Takeaways for the private equity industry
The Covid-19 pandemic will disrupt work processes in unprecedented ways.
27 March 2020
Top deals making headlines this week
In focus this week: Distell, Exxaro, Sappi, MAS Real Estate and more.
26 March 2020
South Africa's central bank starts buying bonds
The bank says it will buy government bonds across the curve.
26 March 2020
Exxaro approved to list on A2X
SA's largest coal miner will become the 36th company to list on the A2X.
26 March 2020
MAS Real Estate to delist in Luxembourg
The delisting is set for June.
26 March 2020
Sappi halts R2.7bn expansion project due to coronavirus outbreak
It declares force majeure on its Vulindlela project at Saiccor mill.
26 March 2020
Chevron slashes capital spending by $4bn
As oil industry reels.
26 March 2020
RDI Reit sells German warehouses
The landlord is in the process of selling its German portfolio to focus on the UK.
26 March 2020
AB InBev, Pernod cut outlooks as virus hobbles drinks makers
Bars and restaurants have been ordered to shut in many countries.
