dealslatest news & developments
Sanlam CEO Carl Roothman. Supplied

Sanlam’s R400bn bet on who picks the pickers

Sanlam’s R400bn handover to Ninety One is a bet that distribution, passive and private markets will outlast running active funds in-house

Balwin complex. balwin.co.za

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

Mr Price NKD in Germany. Rawpixel/Currency collage

Achtung! Why the market’s not cheering Mr Price’s NKD punt

Analysts remain dubious that Mr Price can magic growth out of its German acquisition after years of poor performance

Glencore CEO Gary Nagle. Glencore.com

Life after Rio: Glencore’s solace lies in DRC copper deal

After Rio’s rejection, Glencore’s $9bn US-backed deal for a 40% stake in its DRC copper-cobalt mines offers a new growth path

HCI Sactwu. Rawpixel/Currency collage

Gone in eight-minutes: Sactwu back in HCI pound seat

A pivotal HCI shareholders’ vote was over in a flash, leaving the company firmly back in the hands of Johnny Copelyn and Sactwu

Barloworld

Barloworld’s unceremonious exit from the JSE

Barloworld’s R120-a-share buyout has cleared the last hurdles, ending its 84-year JSE run after a governance storm and swift competition approval

Barloworld CEO Dominic Sewela.

Tribunal green light for Barloworld, but Silchester is the sticking point 

The Competition Tribunal’s blessing is the last regulatory hurdle for Dominic Sewela. But there’s the small matter of a big shareholder who wants more

Barloworld loading. currency collage

Is Barloworld’s BEE deal about to fall over? 

Realising its empowerment promises is still dependent on a major shareholder accepting the Barlow CEO’s buyout bid

Competition maze. Rawpixel/Currency collage

Anatomy of an abandoned merger

Sun International, Peermont, intervenor Tsogo and their legal teams are to blame for an abandoned deal. Not the competition authorities

Sun International Peermont. Rawpixel / Currency collage

Sun sets on Peermont bid

The Competition Tribunal was due to hear the Sun International-Peermont matter in August. A postponement has seen the parties call off the deal

Barloworld Competition Tribunal. Picture: Rawpixel / Currency collages

Barloworld: Newco needs more time

The Newco consortium has requested a postponement from the Competition Tribunal. An employee share ownership plan may be the reason

Barloworld

Barloworld bid moves forward

Newco has waived the 90% acceptance condition attached to its R120-a-share bid for Barloworld

Barloworld Competition Tribunal. Picture: Rawpixel / Currency collages

Is the Barloworld deal good to go?

The Barloworld deal has not only been processed speedily – it looks set to be approved without onerous conditions

Barloworld

Barloworld delay casts doubt on deal

Newco’s offer for Barloworld is losing steam. With shareholders seemingly locked in pause, the once-promising deal may be heading for trouble

Dominic Sewela. Picture: supplied.

Why Barloworld’s CEO should be benched  

Whatever way you cut it, managing Barloworld would be a lot more straightforward for all if CEO Dominic Sewela was parked on the bench

Johann Rupert. Image by Currency News

The Rupert empire stubs out its last smoke

With Reinet’s R23bn sale of BAT shares, the Ruperts are out of the tobacco game. Is this the start of a bold new chapter for the group?