Fresh from the successful listing of its former subsidiary, Bytes Technology Group, in the UK, could Altron look at an unbundling of Netstar next as it seeks to unlock further value for shareholders?
Browsing: Investment
Altron on Thursday successfully listed its former subsidiary Bytes Technology Group on the main board of the London Stock Exchange, with a secondary listing on the JSE.
South Africa came out of its longest recession in 28 years as the economy rebounded more than projected in the third quarter.
Ellies Holdings reported a sharp turnaround in its fortunes in the six months to 31 October 2020, turning in headline earnings per share of 2.56c against a loss a year ago of 2.91c.
Airbnb is aiming for a valuation of nearly $35-billion in what will be the last blockbuster US IPO of the year, marking a stunning recovery in its fortunes after the home rental firm was ravaged by Covid-19.
S&P Global is in advanced talks to buy IHS Markit for about US$44-billion, according to a person familiar with the matter.
Technology and Internet stocks have been among the standout performers in 2020, but the scale of their advance has underlined concerns over valuation.
South African business confidence has jumped to the highest level in more than two years as further easing of lockdown restrictions spurred a resurgence in activity.
South Africa’s headline consumer price inflation quickened to 3.3% year on year in October from 3% in September, data from Statistics South Africa showed on Wednesday.
Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla co-founder passed Bill Gates to become the world’s second richest person.