R497bn

Finweek English Edition - - IN BRIEF -

The com­bined value of merg­ers and ac­qui­si­tions in South Africa in 2014. About R154bn of the value was trans­acted by for­eign-domi­ciled com­pa­nies, which ex­e­cuted five trans­ac­tions. Wool­worths’ ac­qui­si­tion of Aus­tralian re­tailer David Jones was recog­nised as Deal of the Year at the 14th Deal­Mak­ers An­nual Awards. In­vestec took the award for top M&A Fi­nan­cial Ad­viser by value and num­ber of deals. In­di­vid­ual Deal­Maker of the year went to Cobus Hu­man from One Cap­i­tal for his work on Northam Plat­inum’s BEE t r ans­ac­tion. The big­gest deal of 2014 was of lo­cal ori­gin: the R62.8bn ac­qui­si­tion of Pep­kor by Stein­hoff In­ter­na­tional.

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