Latest News & Developments
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Life Healthcare's R13. 9bn deal: special dividend on the horizon
The agreement is to sell 100% of LHC’s interest in LMI for an upfront payment of $350 million (about R6. 48 billion) and earnout terms totaling a potential further $400m, linked to future sales milestones.
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US retailer Macy's to close 150 stores
American retailer Macy’s announced this week its plans to close down 150 stores to focus on upscale brands in its portfolio.
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Amazon slumps, comes close to losing spot in trillion-dollar company club as tech selloff worsens
Amazon. com Inc's shares tumbled about 13% in premarket trading, with the online retailer coming close to losing its spot in the trillion-dollar company club.
SA gas start-up plans to list on New York stock exchange
Local gas start-up Bluedrop Energy has announced plans to list its shares on the JSE and New York Stock Exchange.
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