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Competition Commission conditionally approves proposed acquisition of Tongaat Hulett

The Competition Commission has conditionally approved the proposed transaction whereby Magister Investments will acquire control of Tongaat Hulett (THL). ....

South Africa , Eastern Cape , Competition Commission , Workers Union , Magister Investments , Tongaat Hulett , Allied Workers Union , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,

First salvo fired over Tongaat's bid for R4bn rights issue

A consortium of shareholders hoping to block Tongaat’s bid to undertake an up to R4bn rights issue have fired their first salvo. ....

Kwazulu Natal , South Africa , Chris Logan , Takeover Regulation Panel , Takeover Special Committee , Artemis Investments , Mauritius Domiciled Magister , Companies Act , Monday January , Tuesday January , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,

Regulators give green light to Tongaat - unanswered questions remain

The TRP has accepted a request to waiver Tongaat’s underwriters’ – Magister Investments – need to make a buyout offer of the company. ....

Kwazulu Natal , South Africa , South African , Justin Rowe Roberts , David Woollam , Takeover Special Committee , Takeover Regulation Panel , Members Of The Magister Group , Magister Investments Limited , Companies Regulations , Magister Investments , Regulation Panel , General Meeting , General Meeting Announcement , Magister Related Parties , Magister Interrelated Parties , Magister Group , Magister Concert Parties , Mandatory Offer , Mandatory Offer Resolution , Executive Director , Takeover Regulation , Rudland Family , Takeover Regulation Panel , Tongaat Hulett , Usiness News ,

Green light for Tongaat to pursue rights issue and slash debt

On Tuesday, more than 75% of shareholders voted to enable Tongaat’s rights issue to go ahead ....

Kwazulu Natal , South Africa , Wilson Senior , Sunday Times , Business Day , Financial Mail , Chris Logan , Linda De Beer , Gavin Hudson , Tongaat Rights Issue , Rudland Family , Louis Von Zeuner , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,

Tongaat begins pursuit of Deloitte over its accounting scandal

Chair Louis von Zeuner says the process of claiming against former auditor Deloitte for its role in its accounting scandal is under way ....

Tongaat Hulett , Karl Gernetzky , Sunday Times , Louis Von Zeuner , Accounting Scandal , Rights Issue , Usiness Live ,