Bidvest
latest news & developmentsFraud allegations rock Black Management Forum
An alleged undocumented Congolese was appointed by the BMF, which is still reeling from rape charges against its suspended president
SME airs dirty laundry on ‘fronting’
A small business is accusing a Bidvest-affiliated company of turning its partnership one-sided
KFC falls fowl in Britain with chicken run
Hundreds of KFC outlets remained shut in the the UK due to a supply crisis after the company changed delivery partners
Frenzy of misinformation at the Nasrec expo centre
Fake news about each factions — and their strategies to take down the competitions — abound at #ANC54
SA football agents to be prosecuted for price fixing
A statement released by the Competition Commission, SAFIA and its members "agreed to charge soccer players and coaches a standard 10% commission fee".
Failed takeover bid takes toll on Adcock
The healthcare company has posted a loss in the wake of a failed stock offer.
Rand bubbles to the top as volatility subsides
The South African local currency is expected to continue strengthening as low volatility and high returns attract investors.
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.
Bidvest planning for Joffe’s departure
A senior team is already in place at Bidvest, tasked with filling the gap that will be created by chief executive Brian Joffe’s departure.
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.
Adcock takeover offer may push company value to $1.5bn
Adcock Ingram, SA’s largest supplier of hospital products, may gain a further 12% from a 30-month high after it got takeover offers.