Following a due diligence process and a binding share sale and subscription agreement, the Black Management Forum Investment (BMFI) board has approved the acquisition of 57-million
Category: MERGERS & ACQUISITIONS
A few months after its inaugural JSE listing, newcomer Long4Life has set its sights on fellow JSE-listed Holdsport, proposing a potential acquisition on a share exchange basis.
The Competition Commission has blocked JSE-listed Jasco’s proposed acquisition of a 65.4% stake in Cross Fire Management on the basis that the R52.
Dual-listed Datatec has sold 100% of its technology distribution division Westcon-Comstor North America and Latin America operations and 10% of Westcon International to NYSE-listed
JSE-listed telecommunications giant Vodacom on Friday secured the green light from 15.63% shareholder, the Public Investment Corporation (PIC), to acquire an indirect 34.
Thebe Investment Corporation has acquired a majority stake in privately owned auction provider Clear Asset – a move that creates a leading black-owned online auction house.
JSE-listed Jasco is acquiring a 65.4% stake in Cross Fire in a R52.3-million deal with Cross Fire management and its Cross Fire founder John Cross.
JSE- and LSE-listed Mondi will acquire Russia-based corrugated packaging producer Beepack for €41-million from a private investor.
The recapitalisation of telecommunications group Cell C is expected to be concluded by November 18, with JSE-listed Blue Label hiking its stake to 45% in a deal that will enable So