🇿🇦 Johannesburg Stock Exchange

On 18 November 2016, Dis-Chem Pharmacies Limited (JSE: DCP), a specialist pharmacy and health company, 18 November 2016, listed in the Food and Drug Retailers sector on the JSE’s Main Board. Dis-Chem is the 14th company to list on the JSE this year.

Life Healthcare Group (Life Healthcare), one of South Africa’s largest hospital groups, has entered into an agreement whereby Life Healthcare will acquire approximately 95% of Alliance Medical Group Limited (Alliance Medical) based in the United Kingdom (UK). Senior Management at Alliance Medical will acquire the balance of approximately 5% in the company.

Go Life International (“Go Life”), a Mauritian-listed nutraceutical company (SEM: GOLI) is seeking an inward listing on the AltX board of the Johannesburg Stock Exchange following the acquisition earlier this year of the remaining 78% interest in Go Life Health Products, which holds Gotha Health Products (collectively Go Life SA). The company has successfully presented to the AltX Advisory Committee and has submitted the draft prelisting statement to the JSE. Go Life is to list during November, subject to JSE approval.

Mondi Group has signed an agreement to acquire 100% of the outstanding share capital of LLC Beepack (“Beepack”) from a private investor for a consideration of RUB2,825 million (EUR41 million) on a debt-and-cash-free basis.