buyoutlatest news & developments
Balwin complex. balwin.co.za
BALWIN PROPERTIES

Balwin’s buyout: the right move, long overdue

The PIC-backed R2.26bn buyout of Balwin Properties was overdue. Its long-cycle model was never well matched to public-market expectations

  • Ash Müller
6 min read
De Beers sale. Rawpixel/Currency collage
ANGLO AMERICAN

De Beers sale gets cheaper, though not easier 

A consortium led by former CEO Gareth Penny has been tipped as the frontrunner to buy diamond miner De Beers

  • Ruby Delahunt
  • Tim Cohen
6 min read
WeBuyCars and RMH. Faan de Walt: webuycars.co.za / pexels-pixabay / Currency collage
BUYOUT

We want RMH – but not without a fight  

Minority investors holding 22% of RMH shares say they will not sell to Atterbury’s Louis van der Watt and the WeBuyCars founders at 47c a share

  • Ann Crotty
9 min read
Atterbury RMH. Rawpixel/Currency collage
BUYOUT

Atterbury’s bid to delist RMH is no sure thing 

Atterbury, which is in talks to buy RMH, may have to stump up more than the company’s net asset value if it wants to take the group private

  • Ann Crotty
4 min read
Barloworld
BUYOUT

Wait, Barloworld, what?

It appears there no provision for a dividend-related deduction from the standby offer – which could cost Barloworld’s buyers a further R175m

  • Ann Crotty
3 min read