Deal Comment: Bravura's Soria Hay on the Sanlam BEE deal
The deal can galvanise economic growth and broad-based participation, says Soria (pictured).
More executive leadership changes at Absa
The bank appoints Charles Russon as chief executive for corporate and investment bank.
ARC gets approval for TymeDigital acquisition
Marking its exposure to the digital banking industry.
Top deals making headlines this week
In focus this week: Vodacom, Alibaba, IBM, Sanlam, Development Partners International, Anglo American, and more.
Anglo American Platinum completes acquisition of Glencore's assets
The world's largest platinum miner owns the Mototolo joint venture from November 1.
Quilter's CFO to step down in March
Tim Tookey would be replaced by Mark Satchel.
Montauk eyes US Nasdaq primary listing
The renewable energy group will have a secondary inward listing on the JSE.
BHP Billiton to return $10.4 billion to shareholders
After it faced criticism from activists to improve returns to shareholders.
M&A activity in South Africa is down but acquirers are not out
Deal Leaders Africa's Andrew Bahlmann is optimistic about investment prospects.
Sanlam unveils new B-BBEE deal
The deal is worth between R7.4 billion and R8.6 billion
IBM to buy cloud software firm Red Hat
The deal has been valued at $34-billion.
AngloGold Ashanti awards $375 million Ghana-based mine contract
African Underground Mining Services and Accra-based Rocksure International enter a joint venture agreement.
Charting the route to successful mergers and acquisitions in Africa
Rob Bergman, a principal in corporate finance at Bravura, shares his expert insights.
Companies pledge R290 billion to South Africa's economy
This is part of a plan to raise $100 billion over the next five years.
Comair, Infinea join forces to launch aerotech company
The aerotech company will provide digital solutions that are set to revolutionise the airline industry.
Richemont enters China e-commerce partnership with Alibaba
The partnership will take online luxury shopping to the Chinese market.
Top deals making headlines this week
In focus this week: Naspers, Public Investment Corporation, Netstar, and more.
Naspers to invest billions in South African tech start-ups
It has set aside R4.6 billion for investments over the next three years.
Famous Brands initiates insolvency process for GBK
The company fights off the worst-case scenario of bankruptcy for its UK burger business.
Stadio Holdings buys Prestige Academy
The acquisition entrenches its position in South Africa's private tertiary education industry.
Naspers is set to invest $2bn in India's Swiggy
The company is also looking to expand its presence in India.
Why Investec is bullish on Africa's education sector
Investec's Peter Baird says the sector is defensive given the demand for quality education.
PIC agrees to buy majority stake in Karan Beef
Africa's largest asset manager values the deal by up to R5.2 billion.
Altron's Netstar eyes India in a joint venture deal
The company signs a joint venture deal with India's C Ahead Technologies.
Verimark plans to delist from the JSE
The company's majority shareholder plans to acquire remaining shares.
Distressed assets not spurring heightened M&A activity, said ENSafrica's Doron Joffe
ENSafrica's top lawyer believes that domestic M&A activity has fallen dramatically so far in 2018.
Top deals and corporate moves making headlines this week
In focus this week: Samsung, Pam Golding Properties, Clover Industries, Famous Brands and more.
Clover is in takeover talks with unnamed firm
The company was approached by a third party interested in acquiring its entire share capital.
Intu Properties considers new takeover offer from consortium
A consortium of investors has increased their offer to take JSE-listed Intu private.
Investec Asset Management buys into Africa's education sector
The investment firm buys a controlling stake in private college operator Richfield.
Stenprop snaps up UK industrial estate
The £4.8 million (R89.5 million) acquisition is part of its property portfolio reshaping.
Mr Price CEO Stuart Bird to step down
Stuart will be succeeded by current CFO Mark Blair on January 1, 2019.
Agile Capital's Tshego Sefolo is on the prowl for investment opportunities
With a R750 million war chest, Agile Capital has ambitions of building more clout in the private equity market.
Dealmaker, Kevin Hedderwick, joins Real Foods ahead of a possible JSE-listing
Real Foods, the owner of Kauai, also recruits former Brait CEO Antony Ball.
Famous Brands' UK burger chain acquisition bites
The company sees an R874 million impairment on its Gourmet Burger Kitchen acquisition.
Africa rising story resonates with foreign dealmakers, says Hogan Lovells' Warren Drue
A growing middle class and diverse sectors pique the interest of foreigner investors.
South Africa remains a key target market for private equity firms
This is how private equity firms are investing in sub-Saharan Africa.
Sanlam concludes largest acquisition to date
The company has sealed its acquisition of Moroccan insurer Saham Finances for $1.1 billion (R16 billion).
Kibo Energy completes UK-based flexible power acquisition
The company acquires a 60 percent shareholding in Mast Energy Developments, a private UK registered company.
Cognition plans to buy Private Property from Caxton
Under the R127 million-valued deal, Cognition will become a subsidiary of Caxton.
Business-friendly policies required says Kevin Cron of Norton Rose
As a lawyer with more than three decades' experience, Norton Rose Fulbright's Kevin Cron has seen many economic and dealmaking cycles in South Africa.
Black-owned firm snaps up Aveng's rail business
The R133 million deal will enable Mathupha Capital to become a fully-fledged railway solution provider.
Guy Steel and Nick Lazanakis from BDO Corporate Finance do more mid-market deals
Ray Mahlaka spoke with Guy Steel and Nick Lazanakis from BDO Corporate Finance. Guy and Nick's sweet spot is the mid-market, which includes deals up to R1 billion. This market is busier than last year. Many owner-managers seek to diversify.
Warren Drue from Hogan Lovells gets the deal done
M&A Africa's Ray Mahlaka spoke to Warren Drue, who is a respected M&A and corporate finance practitioner at Hogan Lovells. With nearly 30 years' experience, Warren Drue is a highly respected M&A and corporate finance practitioner and has developed a substantial practice advising large local and international listed and unlisted clients.
Long4Life's purchase of Chill set at R481 million
The purchase price of R481 million was based on actual ebitda of R92 million generated by Chill for the financial year ended June 30.
Nkonzo Hlatshwayo to serve as Chairman of Hogan Lovells in SA
International law firm Hogan Lovells has appointed Nkonzo Hlatshwayo as Chairman of its South African practice.
Finance leaders want in on the deal
A whopping 92 percent of CFOs say they should be more involved in M&A than in the past.
5 tips from PSG CEO Piet Mouton on how to buy businesses
A small group of CFO Day attendees were treated to something of an M&A master class.
Altron buys iS Partners in R225 million deal
Altron has acquired iS Partners, along with Karabina Solutions and Zetta Business Solutions, in the deal.
Vodacom concludes empowerment deal
Vodacom has finalised a deal worth R17,5 billion, which will increase its BEE ownership to 20 percent.
A done deal: Webber Wentzel's Megan Jarvis lists six dos and don'ts
Deadlines, pace and face time are among the most important tools to strike a great deal, she says.
Do you have ideas for the African M&A Community?
The much-anticipated African M&A Community will be launched soon. It is poised to become the #1 platform for professionals working in M&A, Corporate Finance and Private Equity in Africa.
Sanlam raises R5.7 billion to fund SAHAM acquisition
Sanlam has sold new shares worth R5.7 billion to fund its Moroccan acquisition.
Zim concludes mining deal worth $4.2 billion
Zimbabwe has signed a mining investment deal with Karo Resources valued at $4.2 billion.
Netcare to acquire Akeso Clinics in R1.3 billion deal
SA's third-largest private hospital chain has made a R1.3 billion acquisition of Akeso Clinics.
Sanlam seals deal that makes it Africa's largest non-banking financial services group
Sanlam's acquisition of SAHAM Finances has a pricetag of R12.5 billion.
Sinopec, Chevron deal - worth $900 million - to go ahead
The Competition Tribunal has approved Sinopec's acquisition of Chevron assets, with conditions.
Competition Commission rejects Airlink's proposed Safair acquisition
SA Airlink and Safair are disappointed that the Competition Commission rejected their proposed merger.