MEDICLINIC INTERNATIONAL LIMITED – Results of general meeting
See the results here.
Latest on Mediclinic’s Mpilo 1 BEE restructure
Read about it here.
Africa’s Mediclinic says to repurchase 23.4 mln shares from Mpilo 1
Read about it here.
SENS Announcement – Redefine/ Leaf Capital deal
SENS announcement
Redefine bags Leaf’s R4.1bn portfolio
JSE-LISTED Redefine Properties has acquired the property portfolio of Leaf Capital, an unlisted company with nine substantial property assets in Gauteng and the Western Cape, for R4.1 billion. Marc Wainer, the executive chairman of Redefine Properties, yesterday described the Leaf Capital properties as a "trophy portfolio" and their acquisition as a "strategic triumph for Redefine". [...]
Redefine expands portfolio with Leaf Capital purchase
Redefine Properties plans to acquire Leaf Capital and its Western Cape-dominated office portfolio for about R4.1bn in what could be interpreted as a vote of confidence in South African premium offices. Redefine has struggled to find sizable acquisition targets over the past year, often competing with rival Growthpoint Properties and having to focus its attention [...]
Leaf Capital advises on Spur BEE transaction
Restaurant franchiser Spur Corporation will soon be clutching more than R360m in net cash - equal to more than R4 a share - after confirming an empowerment deal yesterday with Grand Parade Investments (GPI). There has been speculation in recent months of a tie-up between the two Cape Town-based companies, fuelled by GPI's recent restructuring [...]
Leaf Capital advises Nadeson Investments in relation to acquisition of stake in Risk Benefit Solutions
Following the deal, RBS will have a level four black economic empowerment rating. Nadeson Investments has acquired a 25.1% stake in Risk Benefit Solutions (RBS), an independent insurance and risk specialist, for an undisclosed sum, in a deal that will raise the broker's empowerment rating. Nadeson Investments is headed by Hassen Adams, chairman of Grand [...]
A Leaf Capital deal: Apollo Global Enters Africa with Milpark Education Acquisition
Apollo Education Group, Inc. (NASDAQ:APOL) announced its wholly-owned subsidiary Apollo Global, Inc. closed on the acquisition of an 81% consolidated interest in Milpark Education (Pty) Ltd. ("Milpark Education"), one of South Africa's leading private tertiary education providers, for approximately ZAR 265 million (USD 25.6 million based on current exchange rates). "Aligned with our diversification strategy, [...]