Deal making in SA at levels last seen in 2015
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At the DealMakers magazine black tie gala event South Africa’s top dealmakers and corporate financiers, and legal advisers were recognised.
As editor Marylou Grieg points out, extracting those deals executed by companies with secondary listings on the JSE, local deal activity for the year was R484,6bn; a level not seen since 2015. Depressing indeed.
The largest deal by a South African listed company (by value) was the acquisition by Vodacom of a 55% stake in Vodafone Egypt, valued at R41,6bn.
The deal is a game changer for Vodacom as it seeks to diversify its revenue stream, and to rival MTN on the continent. The deal was unsurprisingly awarded the Brunswick Deal of the Year for 2021.
Drilling down, of the 472 deals announced in 2021, the real estate sector dominated, making up just under a third of all deals recorded by DealMakers, and valued at R93bn.
Michael Avery is joined by Christo Els, senior partner and chairman of Webber Wentzel; Lydia Shadrach-Razzino, executive corporate commercial at ENS Africa and winner of the DealMaker of the Year; Krishna Nagar, Co-Head: Corporate Finance at Rand Merchant Bank and Vodacom CFO Raisibe Morathi
As editor Marylou Grieg points out, extracting those deals executed by companies with secondary listings on the JSE, local deal activity for the year was R484,6bn; a level not seen since 2015. Depressing indeed.
The largest deal by a South African listed company (by value) was the acquisition by Vodacom of a 55% stake in Vodafone Egypt, valued at R41,6bn.
The deal is a game changer for Vodacom as it seeks to diversify its revenue stream, and to rival MTN on the continent. The deal was unsurprisingly awarded the Brunswick Deal of the Year for 2021.
Drilling down, of the 472 deals announced in 2021, the real estate sector dominated, making up just under a third of all deals recorded by DealMakers, and valued at R93bn.
Michael Avery is joined by Christo Els, senior partner and chairman of Webber Wentzel; Lydia Shadrach-Razzino, executive corporate commercial at ENS Africa and winner of the DealMaker of the Year; Krishna Nagar, Co-Head: Corporate Finance at Rand Merchant Bank and Vodacom CFO Raisibe Morathi
