Latest articles on Bidvest

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.

Bold bid to win a bigger slice

Bidvest Bank says its decision to cap fees at R72 a month does not signal a price war with the big four banks in South Africa.

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Latest

Luxor Paints loses CCMA case, must pay workers R40-m in back pay

Some of the 181 workers were dismissed for carrying sticks during a strike, others were dismissed even though they weren’t at the picket, but were deemed guilty by association

Pay-TV inquiry probes the Multichoice monopoly

Africa’s largest subscription television operator says it is under threat amid the emerging popularity of global platforms like Netflix and Amazon Prime

Covid-overflow hospital in ruins as SIU investigates

A high-level probe has begun into hundreds of millions of rand spent by the Gauteng health department to refurbish a hospital that is now seven months behind schedule – and lying empty

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