Novus Holdings’ offer to buy out other shareholders in technology group Mustek has run into more difficulty.
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Novus Holdings’ offer to buy out other shareholders in Mustek has hit a fresh regulatory hurdle.
Novus’s bid for control of Mustek has received the go-ahead from the Competition Tribunal, with conditions.
JSE-listed Mustek, currently the subject of a takeover bid, has reported a 74.3% decline in headline earnings per share.
Technology distributor Mustek has warned shareholders that it expects to report another weak set of financial results.
Novus Holdings last week surprised investors by announcing it was making a bid to buy technology distributor Mustek.
Novus Holdings is making a bid to acquire JSE-listed technology group Mustek – with backing from top management.
JSE-listed Novus Holdings, best known as an industrial printing and packaging operation, has bought a stake in an AI company.
Listed printing and publishing company Caxton on Wednesday presented its understanding of the Naspers control structure which, if true, would mean the end of the Keeromstraat-Nasbel voting pool that currently controls the Naspers group. Caxton argued this
Naspers’s video entertainment and Internet businesses showed strong growth in revenue in the year to March 2015, but earnings were once again underpinned by Chinese Internet group Tencent. This as the group