South Africa
-
Sapref refinery sale to the Central Energy Fund
2023: Shell and BP sold the Sapref refinery (Durban, 175,000bpd) to the CEF/state for a nominal R1 plus…
-
Teraco’s expansion financing (2023–26)
Africa’s largest data-centre operator (now part of the DigitalBridge/Platform? consortium) financed successive hyperscale campus build-outs (Johannesburg, Cape Town,…
-
Barloworld’s unbundling and JSE listing of Zeda (Avis/Budget)
December 2022: Barloworld unbundled Zeda Limited, car rental (Avis, Budget), fleet leasing and vehicle retail, onto the JSE…
-
Tongaat Hulett business rescue
October 2022: Tongaat entered business rescue after accounting fraud destroyed c.R12bn of shareholder value.
-
Afrox’s simplification and delisting
2022–2023: Afrox (Linde) completed the buy-out of minorities and delisting, simplifying the SA industrial-gas market’s ownership.
-
African Bank’s acquisition of Grindrod Bank
2022–2023: African Bank (under the SARB-led rebuild) acquired Grindrod Bank to build a business-banking franchise, following the Ubank…
-
Taylor Maritime Investments / Grindrod Shipping takeover
2022–2023: Singapore-listed Grindrod Shipping (SA-founded bulk carrier operator) was acquired through a series of share purchases and a…
-
Aveng’s completed restructuring
2022–2024: Aveng concluded its multi-year turnaround (debt reconstruction, Moolmans/Trident Steel separations, Grinaker-LTA exit), moving from a distressed construction…
-
Long4Life take-private and delisting
2022: Long4Life (JSE) sold its portfolio (Sportmans Warehouse, Sorbet, Holdfast) and was taken private/delisted, a mid-market value-unlock of…
-
Metrofile / Main Street 2093: R1.37bn
2022: Metrofile Holdings was acquired by Main Street 2093 (Housatonic/management) at R3.25/share, valuing the records-management group at c.R1.37bn,…
The Meridian Intelligence
Built inside the system.
Designed to measure it properly.
Contact the Editorial team: editorial@themeridian50.com
Must Read
Categories
