Tuesday, April 29, 2025
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Accelerate Property Fund

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Ghost Bites (Brait | Richemont)

Richemont could only manage flat sales in the latest quarter, with Asia Pacific as the pressure point. Brait is ready to launch the rights offer.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Ghost Bites (MAS | Pick n Pay | Zeder)

Pick n Pay declares its R4 billion rights offer - and the market has been kind to the company. MAS has a plan to simplify the Prime Kapital joint venture. Zeder is selling another farm.

Ghost Bites (Accelerate Property Fund)

Accelerate Property Fund isn't having any luck with selling Cherry Lane Shopping Centre, but at least they've reached agreement around related party debts.

Ghost Bites (Argent | FirstRand | Growthpoint | Hudaco | Life Healthcare | Renergen | RMB Holdings)

Growthpoint is still expecting a drop in earnings. FirstRand was hit by a UK provision. Argent and Hudaco released numbers in the industrial sector. Life Healthcare has a licensing deal. RMB Holdings needs Atterbury to keep firing. Renergen needs helium.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

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