Who's doing what this week in the South African M&A space?

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Who's doing what this week in the South African M&A space?
Credit: © Reuters.

Exchange Listed Companies

    • RMB Corvest (RMB Holdings (JO: RMHJ )), as part of a private equity consortium with Umoya Capital Partners, Calibre Capital and management, have invested in Brunel Laboratoria. Brunel is a pharmaceutical brand owner and distributor with a portfolio of products spanning the scheduled and complementary medicine, health supplement and dispensary consumable segments. The deal broadens Brunel's BEE empowerment while extending RMB Corvest's portfolio in the fast-growing healthcare sector.
    • Spear REIT (JO: SEAJ ) has disposed of the property 6 Talana Close, Bellville and the letting enterprise conducted by it on the property to CMCC Investments for a purchase consideration of R71,4 million. The proposed transaction is in line with Spear's loan-to-value reduction strategy.

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