🇿🇦 Johannesburg Stock Exchange

Anheuser - Busch InBev (AB InBev) (Euronext:ABI) (NYSE:BUD) (MEXBOL:ANB) (JSE:ANH) has entered into a binding agreement to sell its entire indirect shareholding in Distell Group Limited (Distell) to the Public Investment Corporation (SOC) Limited, acting on behalf of the Government Employees Pension Fund.

Africa’s biggest grocery retailer Shoprite is in talks with Steinhoff about buying its African assets in an all-share deal that would create a group with $15 billion in annual sales, the pair said yesterday.

(CAJ News) – SANLAM and its short-term insurance subsidiary, Santam, will increase their stake in Morocco-based SAHAM Finances to 46,6 percent for US$329 million.

LITTLETON, Colo., Dec. 9, 2016 /PRNewswire/ -- Stillwater Mining Company ("Stillwater" or "the Company"; NYSE: SWC) today announced that it has entered into an agreement with Sibanye Gold Limited ("Sibanye"; JSE: SGL; NYSE: SBGL), under which Sibanye will acquire Stillwater for $18.00 per share in cash representing an aggregate enterprise value of $2.2 billion. The $18.00 per share transaction price represents a 61% premium to Stillwater's volume-weighted average share price over the 52 weeks prior to the announcement of the transaction, a 25% premium to its volume-weighted share price over the 30 trading days prior to the announcement and a 23% premium to its closing share price on December 8, 2016. The transaction also represents a 14.0x multiple of IBES consensus 2017 EBITDA1 estimate.