Mediclinic cleared to take over Matlosana hospitals

2020-02-07 13:20

Mediclinic has been cleared to acquire a majority interest in Matlosana Medical Health Service after the bid was initially blocked by the Competition Tribunal, which feared that the move would result in higher costs to patients.

Who's who at Lebashe, the investment group that just acquired Tiso Blackstar's media assets

2019-06-28 19:01

Tiso Blackstar's media assets have just been acquired by Lebashe Investment Group. Who are the heavy hitters behind Lebashe, and why have they been making headlines?

Buffett's next deal will be his most important

2019-03-25 19:28

Everybody wishes they knew what Warren Buffett will acquire next. Buffett wishes he knew, too, says Tara Lachapelle.

Hudaco acquires Boltworld

2018-06-04 17:34

Hudaco Industries Limited announced that it has acquired the trading assets and liabilities of industrial fastener distributor Boltworld, effective since June 1.

The number of messages sent via WhatsApp each day has tripled since Facebook bought it four years ago

2018-05-09 10:30

WhatsApp wasn't widely considered a sound investment by Facebook, which had a messaging platform of its own and more than twice the number of monthly active users, but its growth in the years since says otherwise.

Lewis buys cash furniture retailer for R320m

2017-10-19 11:05

Lewis Stores has acquired the entire share capital and all shareholders’ claims against United Furniture Outlets for R320m in cash plus any applicable interest.

CoAL gets go-ahead to buy Pan African Coal

2017-06-09 11:35

The Competition Commission has given Coal of Africa the green light to acquire Pan African Resources Coal.

Foschini Australian subsidiary acquires menswear retailer

2017-05-25 16:23

The Foschini Group says its Australian subsidiary TFG Retailers will acquire the entire issued share capital of menswear retailer the Retail Apparel Group.

Vodafone, Idea agree on merger to create India mobile leader

2017-03-20 11:18

Vodafone Group has agreed to merge its Indian unit with Idea Cellular to create a leader in the world’s second-largest mobile phone market.

PSA said to be close to deal to buy GM's Opel unit

2017-03-05 12:49

PSA Group is closing in on a deal to acquire General Motor’s Opel unit to create Europe’s second-largest automaker.


Sibanye acquires majority stake in DRDGold

2020-01-10 11:21

Sibanye-Stillwater has acquired a majority shareholding in DRDGold, in a deal the company described as creating an industry leading surface mining partnership

Lebashe on Tiso Blackstar: We want to be a key player in digital and content

2019-06-28 14:21

The Lebashe Investment Group says its intention to be a "key player" in the digital and content sector lies behind its acquisition of the media, broadcasting and content businesses of Tiso Blackstar for R1.05bn.

Spur to add Nikos Coalgrill Greek to its buffet

2018-06-28 18:01

Spur Corporation is to expand its restaurant portfolio with the acquisition of a 51% stake in the franchise restaurant group Nikos Coalgrill Greek.

Uber just bought an online restaurant ordering system part owned by Mark Shuttleworth

2018-05-24 11:32

Uber Eats believes orderTalk, once headquartered in Cape Town, can help it get its orders directly onto kitchen display monitors, avoiding the errors that come with manual entry.

Lonmin completes acquisition of Pandora

2017-12-13 12:44

Lonmin has completed its acquisition of Anglo Platinum's 42.5% interest in the Pandora Joint Venture, as well as the 7.5% interest of Mvelapanda Resources.

Hopes dashed as Lily mine deal fails at last minute

2017-08-14 12:34

The last minute failure of a proposed acquisition of the Lily and Barbrook mines has put the whole community once again in uncertainty, says a union.

Famous brands enters Ghana, exits three African countries

2017-06-04 06:02

Famous Brands, Africa’s largest branded food service franchiser, had entered Ghana but exited the Democratic Republic of Congo, Ivory Coast and Tanzania.

PIC takes control of stake in Distell

2017-04-12 16:33

Anheuser-Busch InBev has completed the sale of its entire indirect shareholding in Distell Group Limited to the Public Investment Corporation.

Anglo’s billionaire investor puts mining on cusp of M&A era

2017-03-17 18:32

Anil Agarwal’s surprise move into Anglo American suggests the mining industry may be on the cusp of a new wave of deals.

Old Mutual Wealth to acquire financial adviser network Caerus

2017-02-28 11:57

Old Mutual Wealth has reached a conditional agreement to acquire financial adviser network Caerus Capital Group, according to the JSE's news service.

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