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LATEST Companies and Deals  

Who’s doing what in the South African M&A space?

13 Nov 2015 /  DealMakers  
News from local listed and unlisted companies and from the rest of Africa.

Pinnacle CEO Arnold Fourie to step down

13 Nov 2015 /  Duncan McLeod  
Technology group has announced a major management shake-up.

MTN executive chairman in Nigeria ahead of fine deadline

13 Nov 2015 /  TJ Strydom, Reuters  
As negotiations continue.

Life healthcare FY HEPS up 1.2% to 179.9 cents

13 Nov 2015 /    
Final dividend of 86 cents per share.

Get allocating, Mr Rupert

13 Nov 2015 /  Warren Dick  
The non-BAT portion of Reinet has lagged.

Dawn directors hand back bonus

13 Nov 2015 /  Sasha Planting   4
As shareholders engage over remuneration.

The Foschini Group: Cash is still king

13 Nov 2015 /  Ray Mahlaka  
Making the retailer defensive in difficult credit cycles.

Stefanutti share price falls 11% on interims

13 Nov 2015 /  Antoinette Slabbert  
Trading environment 'extremely challenging' – Meyburgh.

FSB fines Discovery for ‘inducing’ consumers

12 Nov 2015 /  Hanna Barry   4
By providing a premium waiver on short-term insurance policies.

Standard Bank head of Africa strategy quits

12 Nov 2015 /  Paul Wallace and Chris Kay, Bloomberg   1
Bailey-Smith covered the continent’s fixed-income and currency markets for almost 25 years.

SABMiller employees voice concerns for jobs after takeover

12 Nov 2015 /  Thomas Buckley, Bloomberg   2
As AB InBev says it plans to implement restructuring at the combined company.

Sibanye interested in Anglo’s South Africa coal assets

12 Nov 2015 /  Kevin Crowley, Bloomberg  
To reduce reliance on state power utility Eskom for electricity.

Glencore shares drop below a pound for first time in a month

12 Nov 2015 /  Jesse Riseborough, Bloomberg  
The miner is the worst performer in the UK’s FTSE 100 Index with a 67% drop this year.

Spar is a sell

12 Nov 2015 /  Judy Gilmour   2
Contrarian view from the University of Johannesburg wins CFA research challenge.

Stanlib Kenya REIT eyes rights offers every two years

12 Nov 2015 /  Felix Njini, Bloomberg  
The Standard Bank unit is scheduled to start trading on NSE on November 26.
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