Bidvest Group Ltd (BVTJ.J)
|Market Cap (Mil.):||R99,572.66|
|Shares Outstanding (Mil.):||336.37|
JOHANNESBURG, Sept 10 - South African conglomerate Bidvest on Wednesday appointed Barclays and Investec as advisers for a possible listing of its food business on the London Stock Exchange.
* Company has appointed barclays bank plc and investec bank limited ( "banks") to carry out preliminary investigations to determine merits of a listing of foodservice operations on lse
* Headline EPS at 1,723 cents, against forecast of 1,751 cents (Recasts, adds CEO comment, background)
Aug 25 - Bidvest Group Ltd and Community Investment Holdings Proprietary Ltd (CIH):
(Adds Etihad, EBay, Hyder, Bidvest Group and Deutsche Bank)
* Bidvest intends to lift holding to over 50 pct -document
JOHANNESBURG, Aug 21 - South Africa's Bidvest Group is considering increasing its stake in ailing local drugmaker Adcock Ingram to above 50 percent, a legal document from the Competition Tribunal obtained by Reuters showed.
JOHANNESBURG, Aug 21 - South African competition authorities have ordered Bidvest to refrain from cutting jobs at Adcock Ingram, dealing a blow to the conglomerate's plan to turn around the ailing drugmaker in which it hold more than a third stake.
JOHANNESBURG, Aug 5 - South Africa's No.2 drugmaker Adcock Ingram will post a loss in the first nine-months of its fiscal year, it said on Tuesday, a sign a turnaround plan led by top investor Bidvest is yet to gain traction.
* Bidvest Acquires controlling interests in Gruppo Dac S.P.A. and PCL 24/7 Ltd