Adcock Ingram

Failed takeover bid takes toll on Adcock

The healthcare company has posted a loss in the wake of a failed stock offer.

PIC wants local ownership to boost economy

The Public Investment Corporation, South Africa's biggest stock investor, says local ownership is key for growing the economy and empowering people.

Shareholders join the battle over Adcock Ingram

The gloves came off this week as two companies and a dominant shareholder battled it out for control of the pharmaceutical company Adcock Ingram.

CFR: Opposition to Adcock offer is to deter foreign buyers

The drawn-out battle for Adcock now sees CFR's offer for Adcock now facing resistance from the PIC, which says the offer is not up to scratch.

Bidvest sues Adcock over CFR deal finance

A day after putting in an offer to acquire part of Adcock Ingram, Bidvest is taking the company to court over an "unlawful" guarantee.

Adcock rebuffs Bidvest, still wants Chile deal

Drugmaker Adcock Ingram says the $1.2-billion takeover bid from CFR Pharmaceuticals is still the best option, despite Bidvest's offer.

Bidvest attempts to torpedo $1.2bn Adcock takeover

A Chilean group's $1.2-billion bid for Adcock Ingram has been challenged by a court action from Bidvest.

Bidvest bids R4-billion for Adcock to counter CFR

Bidvest has put in a R4-billion offer for pharmaceuticals company Adcock, countering that of Chilean company CFR Pharmaceuticals.

Adcock suspends its dividend as purchase talks with CFR go on

Rising import costs led to decreased profits and margins at Adcock, which has suspended its dividend while takeover talks with CFR continue.

PIC still mulling Adcock’s $1.3bn CFR deal

The pharmaceutical company Adcock's biggest shareholder PIC says it has not yet made a decision about whether to support the takeover of CFR.

Decision on Adcock offer imminent, says CFR

Chile’s largest drugmaker will decide within weeks whether to make a binding offer for Adcock Ingram Holdings.

SA could score 40% of Adcock, CFR deal

Adcock Ingram has entered into discussions with a Chile-based firm, which could see SA benefit from a possible combined revenue of R12.1-billion.

Press Releases

South Africans unsure of what to expect in 2020

Almost half (49%) of South Africans, 15 years and older, agree or strongly agree that they view 2020 with optimism.

KZN teacher educators jet off to Columbia University

A group of academics were selected as participants of the programme focused on PhD completion, mobility, supervision capacity development and the generation of high-impact research.

New-style star accretion bursts dazzle astronomers

Associate Professor James O Chibueze and Dr SP van den Heever are part of an international team of astronomers studying the G358-MM1 high-mass protostar.

2020 risk outlook: Use GRC to build resilience

GRC activities can be used profitably to develop an integrated risk picture and response, says ContinuitySA.

MTN voted best mobile network

An independent report found MTN to be the best mobile network in SA in the fourth quarter of 2019.

Is your tertiary institution is accredited?

Rosebank College is an educational brand of The Independent Institute of Education, which is registered with the Department of Higher Education and Training.

Is your tertiary institution accredited?

Rosebank College is an educational brand of The Independent Institute of Education, which is registered with the Department of Higher Education and Training.

VUT chancellor, Dr Xolani Mkhwanazi, dies

The university conferred the degree of Doctor of Science Honoris Causa on Dr Xolani Mkhwanazi for his outstanding leadership contributions to maths and science education development.