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Bidvest Group Ltd (BVTJ.J)

BVTJ.J on Johannesburg Stock Exchange

16,507.39ZAc
22 Sep 2017
Change (% chg)

-260.61 (-1.55%)
Prev Close
16,768.00
Open
16,768.00
Day's High
16,769.00
Day's Low
16,323.00
Volume
839,367
Avg. Vol
972,697
52-wk High
18,374.00
52-wk Low
14,650.00

Latest Key Developments (Source: Significant Developments)

Bidvest says expect more challenging trading conditions for rest 2017
Thursday, 8 Jun 2017 04:00am EDT 

June 8 (Reuters) - Bidvest Group Ltd ::Bidvest - post expected improved trading environment in 3qfy17, market conditions have deteriorated as reflected in lowered business and consumer confidence.Bidvest - now expect more challenging trading conditions for rest of calendar 2017.Macroeconomic environment is south africa remains a major concern.Remains committed to monetising its non-core assets in a value-accretive and responsible manner and discussions are ongoing.Demand is subdued in automotive and office & print divisions.Reduced fishing quotas remain an ongoing concern in Bidvest Namibia.  Full Article

Bidvest sees HEPS for period ended Dec. 31 up between 4-5 pct
Monday, 13 Feb 2017 10:30am EST 

The Bidvest Group Limited :Headline earnings per share for continuing operations is expected to be between 508,0 to 512,0 cents per share, up between 4% - 5%..  Full Article

S.Africa's Competition Tribunal approves Bidvest deal to buy Brandcorp
Wednesday, 31 Aug 2016 12:01pm EDT 

South Africa's Competition Tribunal : Approved Bidvest Group Ltd and Brandcorp Holdings (Pty) Ltd merger without conditions (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

SA's competition body says commission recommends approval of Bidvest deal
Tuesday, 30 Aug 2016 10:45am EDT 

South Africa's Competition Tribunal: Competition Commission has recommended Rebosis Property Fund Ltd and Billion Group (Pty) deal be approved without conditions . Competition Commission has recommended the unconditional approval of Bidvest Group Ltd Deal to buy Brandcorp Holdings Further company coverage: [BVTJ.J] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Bidvest full-year HEPS from cont ops rises 2.5 pct
Monday, 29 Aug 2016 01:07am EDT 

Bidvest Group Ltd : FY turnover up to R91.8 billion (2015: R88.6 billion) . FY trading profit up to R5.8 billion (2015: R5.6 billion) . FY headline earnings up to R3.5 billion (2015: R3.4 billion) . FY headline earnings per share (heps) from continuing operations increases by 2.5 pct to 1,054.1 cents . Final dividend declared of 232 cents per share .Ontime Automotive and DH Mansfield Group, both in the UK, remained loss making and will be addressed in 2017 financial year.  Full Article

SA's Competition Commission recommends Tribunal to approve Bidvest-Brandcorp merger
Wednesday, 17 Aug 2016 07:43am EDT 

South Africa's Competition Commission:Recommended to the Tribunal that merger whereby Bidvest intends to acquire Brandcorp be approved without conditions.  Full Article

Bidvest says acquires Brandcorp from Ethos Private Equity
Friday, 17 Jun 2016 01:05am EDT 

Bidvest Group Ltd : Acquisition of Brandcorp Holdings Proprietary Limited .Announces that it has entered into a binding agreement to acquire Brandcorp Holdings Proprietary Limited from Ethos Private Equity And Management.  Full Article

Bidvest announce results of the accelerated bookbuild
Wednesday, 15 Jun 2016 02:00am EDT 

Bidvest Group Ltd : Results of the accelerated bookbuild . 18,419,929 Bid Corp ordinary shares were placed with qualifying institutional investors at a price of zar235.00 per ordinary share .Book was substantially oversubscribed.  Full Article

Bid Corp bookrunner says books covered on shares placing
Tuesday, 14 Jun 2016 12:36pm EDT 

Bookrunner : Says Bid Corp books are covered on shares placing . Says orders below 235 ZAR risk missing the trade on Bid Corp shares placing . Says Bid Corpbooks will close at 18:00 UK time on shares placing Further company coverage: [BIDJ.J].  Full Article

Bidvest Group announces placing of 18.4 mln Bid Corp shares
Tuesday, 14 Jun 2016 11:01am EDT 

Bidvest Group Ltd : JSE: BVT - placement of Bid Corp ordinary shares .Up to 18.4 million Bid Corp ordinary shares will become available for sale to qualifying institutional investors through placing.  Full Article

South African Brian Joffe's Long4Life buys a beauty salon chain

JOHANNESBURG Brian Joffe, one of South Africa's most respected dealmakers, will buy a beauty salon chain, his new company Long4Life said on Friday, marking a return to the acquisition trail for the billionaire founder of industrial conglomerate Bidvest Group.