(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.

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.