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LATEST NEWS FOR Adapt IT Holdings Ltd.  

Adapt IT provides leading, specialised software and digitally-led business solutions that assist clients, across the targeted industries, to Achieve more by improving their customer experience, core business operations, business administration, enter... [more info]

At Liberty … and taking liberties

19 Jul 2021 /  Ann Crotty   2
Standard Bank’s PR machine is going to be kept busy spinning the merits of bancassurance, while Huge Group gets a rap on the knuckles, and Naspers – well, more executive remuneration ‘good news for some’ there.

An improved cash offer coming for AdaptIT?

2 Jun 2021 /  Simon Brown  
Martin Smith from Anchor on Huge Group's latest offer for AdaptIT. 36One's Evan Walker talks the retailer party, is it over? Sean Sanders from Revix on the what, why and how of a ZAR stablecoin being investigated by the Sarb.

Adapt IT shares rocket higher on possible bidding war

31 May 2021 /  Duncan McLeod  
The shares touched a high of R8.17 apiece, the highest they’ve been in almost three years.

Huge Group dramatically ups the ante in pursuit of Adapt IT

29 May 2021 /  Duncan McLeod    3
Increases offer price by 65%.

Huge Group offer for Adapt IT ‘unfair and unreasonable’: Nodus Capital

17 May 2021 /  Duncan McLeod  
Huge Group said in January that it would pursue an acquisition of Adapt IT.

Desperate times, desperate measures …

17 May 2021 /  Ann Crotty   1
But for how long can the gravitational tide of the markets be stemmed? Plus a look at Steinhoff, Sasol, Shoprite, Truworths, and Adapt IT.

‘I have been caught in the crossfire’: Sbu Shabalala

11 May 2021 /  Duncan McLeod  
He reiterated that the allegations against him are 'without merit' and said the best way to deal with them is 'through the judicial system'.

Adapt IT CEO Sbu Shabalala to take leave of absence

10 May 2021 /  Duncan McLeod   6
CFO takes over as CEO on an interim basis.

Through the looking glass

26 Apr 2021 /  Ann Crotty   2
Absa's lack of forward-planning laid bare, the deepening saga of Huge’s hostile play for Adapt IT, Bell Equipment disappoints, and speculation around who will take over as Truworths CEO.

Volaris Group makes all-cash bid for Adapt IT

8 Apr 2021 /  Duncan McLeod   
Canada’s Volaris Group offered shareholders R6.50/share in cash on Wednesday for the JSE-listed software services group.

Huge Group sets out just why it’s pursuing Adapt IT

11 Mar 2021 /  Duncan McLeod   4
In an all-share deal valued at R795m.

AdaptIT looks to return to strategy of acquisition growth

10 Mar 2021 /  Simon Brown  
Viv Govender of Rand Swiss on the market after local GDP numbers. AdaptIT CEO Sbu Shabalala on decent interim results as annuity income grows. AfroCentric CEO Ahmed Banderker on diversity boosting its interim results.

Adapt IT is looking for acquisitions

10 Mar 2021 /  Larry Claasen  
Even while it might be acquired itself.

Nodus Capital to weigh up Huge Group offer price for Adapt IT

15 Feb 2021 /  TechCentral  
Independent expert to advise on whether Huge’s R5.52/share offer price is fair.

Huge Group makes R800m offer for AdaptIT

5 Feb 2021 /  Simon Brown  
Gary Booysen of Rand Swiss talks the Telkom share price and Huge Group's bid to take over AdaptIT. Fortress's Vuso Majija on the true future of brick and mortar retail.

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