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Black empowerment investment company Hosken Consolidated Investments plans to buy out Niveus minority shareholders in what seems to be a pretty sweet deal.
KWV is set to take on the white spirits market as the new, exclusive distributor of two international brands.
Agricultural investments firm Zeder says headline earnings for the year rose 27.2%.
If the British firm Halewood succeeds in buying KWV, the two companies could be fully merged and listed on the JSE within two years.
Pioneer Foods has further upset opponents of its KWV takeover bid with an alleged "gimmick".
The diary group Clover is also interested in bidding for KWV, Business Day reports.
Investment circles are abuzz with talk that new approaches have been made to buy out or take an influential stake in KWV Holdings.
KWV took the title of Best Brandy and Cognac Producer in the World at the 2015 International Spirit Challenge function in London.
SA drinkers can raise their glasses in appreciation of quality after the Wine and Spirits Board legislated revisions to the definitions of premium brandy.
The withdrawal by Pioneer leaves KWV open to other suitors, including British-owned Halewood, writes Marc Hasenfuss.
Food group Pioneer says its capital spending in the current financial year will include an acquisition and capacity expansion.
Amid talk of rival bids, Pioneer has made a firm offer for KWV which is subject to certain conditions.
PSG's Jannie Mouton says Zeder will gladly sell its KWV stake for 1 800c/share.
Pioneer Food Group says it has offered to buy KWV for R828m to diversify its revenue streams.
Cape TownHire ResolveR500 000.00 - R600 000.00 Per Year
Western CapeTSM Consulting
Cape TownemergeR700 000.00 - R780 000.00 Per Year
R 5 950 000
R 4 850 000
R 4 490 000
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