Discovery Ltd (DSYJ.J)
Fri, Nov 9 2018
JOHANNESBURG, Nov 9 South Africa's Discovery Ltd said on Friday it will issue 11.4 million shares to fund the acquisition of FirstRand's stake in their credit card joint venture, a condition for the launch of its planned Discovery Bank.
JOHANNESBURG, Nov 8 South Africa's Discovery Ltd said on Thursday it will issue about 10.9 million new shares to qualifying investors in order to raise 1.85 billion rand ($132 million) to help fund an acquisition of a stake and assets in soon to be launched Discovery bank.
* Discovery to fund transaction through equity issuance (Adds details, background, updates shares)
JOHANNESBURG, Sept 4 South African health and life insurance group Discovery Ltd reported a 16 percent increase in full-year earnings on Tuesday, supported by growth in all its businesses.