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LATEST Companies and Deals  

Redefine H1 distribution up 7.1% to 39 cents

7 May 2015 /    
Property assets up R5bn to R56bn under management.

TMG-Blackstar deal could be finalised by the weekend

7 May 2015 /  Patrick Cairns  
Following a delay.

Metmar’s gain, shareholders’ pain

7 May 2015 /  Warren Dick  
The proposed acquisition by Traxys Africa could open up access to further funding.

Glaxo cuts payment to investors as earnings miss estimates

6 May 2015 /  Oliver Staley, Bloomberg  
Core earnings per share will decline by a 'high teens' percentage this year because of pricing pressure.

South32 ready for liftoff

6 May 2015 /  James Paton, David Stringer & Jesse Riseborough, Bloomberg  
Creation of South32 was approved by BHP Billiton shareholders on Wednesday.

BHP spinoff will put productivity over M&A in first six months

6 May 2015 /  James Paton and David Stringer, Bloomberg  
BHP shareholders are meeting today in Perth to approve the creation of South32.

Botswana retailer Choppies to list on JSE

6 May 2015 /  Reuters  
As company looks to enhance its public profile in SA.

ArcelorMittal to cut Q2 output by 6%

5 May 2015 /  Reuters  
Due to slack demand.

SAA should have been left to sink or swim – Comair

5 May 2015 /  Antoinette Slabbert   2
'We had legitimate expectation of level playing field'.

Transaction Capital sees opportunity in Uber

5 May 2015 /  Hanna Barry  
Has ideas to finance sedan taxis.

Kauai to get a makeover

5 May 2015 /  Sungula Nkabinde   1
Healthy fast food chain to be revamped following recent acquisition by Real Foods.

Ellies drops to two-month low on share-sale plan

5 May 2015 /  Neo Khanyile, Bloomberg  
Shares retreated as much as 26% on Tuesday and are headed for the biggest one-day drop on record.

Africa’s biggest fund manager said to explore Vodacom stake deal

5 May 2015 /  Chris Spillane and Ruth David, Bloomberg  
The PIC is seeking advisers for a deal that could make it the company’s second-largest shareholder.

CEO-designate appointed for African Bank Good Bank

5 May 2015 /  Hanna Barry   1
Riley was previously the CEO of WesBank.

Transaction Capital posts strong interims in tough climate

5 May 2015 /  Hanna Barry  
Continues to focus on organic growth.

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