negotiation skills. “Essentially we wanted them to draw on all the knowledge they had accumulated over their undergraduate studies and put it into action.”
While a deal that saw MTN buying Reunert or African Bank merging with Capitec might be tough to swallow, there are some definite big money deals that might make some sense. For instance a merger between Famous Brands and food group Clover makes some sense considering that there are limited (sizeable) options on the franchise front for Famous Brands.
The UCT students proposed a deal which saw Famous Brands taking 51% of Clover. They noted: “Synergies that are expected from the acquisition include Famous Brands’ use of Clover products, especially milk and cheese, margarine, desserts and ice creams. The common manufacture of fruit juice, bottled water and ice cream will also provide cost efficiencies. Famous Brands will also be involved in the promotion of Clover beverages within its stores.”
We’ve unpacked the deal a bit further in