Southern Africa Mergers & Acquisitions News

Latest Southern Africa Mergers & Acquisitions News

European Union regulators commence probe into BHP Billiton bid for Rio Tinto - Update 6 Jul 2008 06:33 GMT
... an in-depth investigation under the European Union merger regulation into mining company BHP Billiton Ltd.'s ... takeover also needs agreement from Australia and South Africa. Asian and European steel makers have opposed ...
South Africa: Astrapak's Cautionaries Cheer [column] 6 Jul 2008 04:27 GMT
... THE good news for the Private Investor portfolio is the upgrade on Grindrod's previous ... of the increased turnover being attributed from acquisitions and 9% from price increases. This meant ...
Set out to train, reap the gain 5 Jul 2008 23:53 GMT
... “I was part of the first three acquisitions. I have a good understanding of the ... is that it is not peculiar to South Africa, but rather a global issue. He also ...
Shake on a roll with acquisition in Africa 5 Jul 2008 23:31 GMT
... that develops marketing campaigns through e-mail, text messaging and podcasting has made a second acquisition in South Africa as it expands its presence overseas. Shake Interactive, the Edinburgh-based digital marketing group, completed the ...
Naspers sells its Greek unit NetMed 5 Jul 2008 17:51 GMT
... company Forthnet will buy it. (Reuters) - Africa's biggestmedia group Naspers Ltd ( ) said ... NetMed to Greek telecoms company Forthnet ( South Africa-based Naspers said the agreement put an enterprise ... a rights issue to partly fund the acquisition.Forthnet will also need to raise debt funding. ...

Is India's largest cell company Bharti Airtel gearing up for a MTN bid? 5 Jul 2008 17:51 GMT
... bid for MTN but for the South African company, defence rather than just attack now ... more competitive than many African markets, including South Africa. However, on the pumped Bombay stock exchange, ... part of MTN’s growth is coming from acquisitions. MTN is now very comfortable operating on ...
Business Briefing | Acquisitions: Europe Delays Decision on Mining Company Merger 5 Jul 2008 07:27 GMT
... rulings, will review the proposed $163 billion acquisition for an additional 90 working days and ... takeover also needs agreement from Australia and South Africa. ...
Telecom firms set their sights on Asian market 5 Jul 2008 04:28 GMT
... operator Reliance Communications and MTN Group of South Africa continue to discuss a possible combination that would ... region, especially in India and China. Overseas acquisitions are also difficult, for reasons including culture, ...
Uninet plans 'unlimited' R 39 call package 4 Jul 2008 22:46 GMT
... low cost voice and data services across Africa. Synglo Technologies, which is a 100% BEE ... has developed an unmatched track record in Southern Africa as a leader in Open Access ... some of the larger service providers in South Africa and Africa as well as other businesses ...
Company news and commentary: Chris Freund ' Investec Asset Management 4 Jul 2008 22:35 GMT
... is a great company, we think the merger between Reliance and MTN would be a ... profitability levels are under strain in corporate South Africa, and I don't think this is the ...
Evolving Scientific Research Project Expands to Three Divisions Dedicated to Coexistence Strategies, 4 Jul 2008 21:30 GMT
... endangered coastal leopard and Knysna elephant of South Africa including a feasibility study on land corridors and ... U.S. we are raising funds for land acquisition in the Cascades to aid in the ...
Synovate further strengthens capabilities in Africa with acquisition of Steadman Group 4 Jul 2008 21:11 GMT
... Synovate further strengthens capabilities in Africa with acquisition of Steadman Group LONDON � ... full-service offices in Kenya, Uganda, Tanzania, Zambia, Mozambique, South Africa and Ghana. As well as supporting clients ...
Synovate buys Africa's Steadman Group 4 Jul 2008 20:56 GMT
... international market intelligence firm, has acquired the African market research group, the Steadman Group. Steadman ... full-service offices in Kenya, Uganda, Tanzania, Zambia, Mozambique, South Africa and Ghana. As well as supporting clients ...
Ernst & Young 2007 a phenomenal year for mergers and acquisitions 4 Jul 2008 17:18 GMT
... & Young 2007 a phenomenal year for mergers and acquisitions Total deal values up by ... was a "phenomenal" year for M&A in South Africa, with total deal values up by 81% ...
EU opens in-depth inquiry into BHP Billiton $170 million buy of Rio Tinto 4 Jul 2008 16:50 GMT
... get the go-ahead from regulators in Australia, South Africa and Canada. Steelmakers, the biggest users of iron ... particular have expressed concern that the proposed merger would place too much pricing power in ...
South Africa: SABMiller to Benefit As InBev Diverts Attention 4 Jul 2008 16:37 GMT
... US brewer of Budweiser refused to open merger discussions. InBev said its initial offer of $65 ... merger was unlikely to affect the South African beer market as it was already tightly contested. ... was facing the difficulty of a slowing economy and a deteriorating currency. But if the ...
Joy Global Earnings Call, Second Quarter 2008 4 Jul 2008 15:10 GMT
... than doubled in the Americas, Eurasia and South Africa. - Lower order rate growth in other ... markets. The business associated with the Continental acquisition contributed $87 million to bookings in the ...
MTN impresses Fitch 4 Jul 2008 12:31 GMT
... recognition of a more stable outlook for Africa's largest cellphone operator, the ratings agency said ... and strong liquidity position of MTN in South Africa. MTN is in talks with Indian-based Reliance ... Reliance Communications for a potential buyout or merger. This forms part of the company's expansion ...
Spurt of failed deals hit the markets 4 Jul 2008 11:32 GMT
... tighter credit and volatile markets The South African corporate finance market is currently reeling from ... blowouts is by no means confined to South Africa with transaction flow substantially down internationally after ... past year meant it couldn't implement the acquisition". Also last week SA's third largest property ...
Reliance Power Eyes To Acquire Stake In Australian Co. 4 Jul 2008 10:36 GMT
... 2 billion tonnes and is also in talks with more coal properties in Indonesia, Mozambique and South Africa. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved ...