Alviva Holdings has received a binding offer from a consortium to buy out the business, which, if approved, will see its JSE listing terminated.
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Alviva Holdings’ latest financial results show a group firing on all cylinders. But can the party last? Executives Pierre Spies and Craig Brunsden are in-studio.
Alviva Holdings has hiked its dividend by 90% after reporting a strong full-year financial performance, boosted by the acquisition of Tarsus.
Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
Alviva Holdings’ headline earnings per share will more than double in the six-month period ended 31 December 2021, with all division delivering.
Alviva has reported a 1% improvement in full-year revenue, though the number would have been “substantially” higher if it wasn’t for global shortages in semiconductors.
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