Libstar acquires a 65% interest in Multicup and increases its shareholding in Finlar to 94.5%. Libstar also concludes the sale of the Cereals division of The Blenders to Tiger Brands.
South Point continues to operate at levels exceeding those achieved in 2011 with occupancy levels of 96% for the overall combined student portfolio.
York announces the refinancing of its R600m debt package on significantly more favourable terms that allow the company to preserve its plantations and explore growth opportunities.
Solafrica bids its 50mW concentrated solar power project into the second round of the Department of Energy’s renewable energy procurement process with Lereko Metier alongside the IDC, ACWA Power of Saudi Arabia, and international development agencies FMO and DEG as equity partners.
Kurisani, PEACE and other charities bid into the second round of the RFP as local community and BEE partners, with the Metier sustainability team participating in and advising on 15 project bids comprising R16 billion of financing commitments and 860mW across wind and solar renewable technologies.
Clive Douglas Investments extends its offering to include fiduciary services and raises aggregate funds under management and advice to R1 billion.