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Bidvest Group Ltd (BVTJ.J)

BVTJ.J on Johannesburg Stock Exchange

20,050.00ZAc
21 Feb 2019
Change (% chg)

164.00 (+0.82%)
Prev Close
19,886.00
Open
19,720.00
Day's High
20,265.00
Day's Low
19,720.00
Volume
1,155,836
Avg. Vol
1,119,349
52-wk High
24,738.00
52-wk Low
17,200.00

Latest Key Developments (Source: Significant Developments)

S.A. Competition Tribunal Approved Bidvest Freight-Sebenza Merger Without Conditions
Friday, 14 Dec 2018 

Dec 14 (Reuters) - S.A. COMPETITION TRIBUNAL::S.A. COMPETITION TRIBUNAL - UNCONDITIONALLY APPROVED MERGER BETWEEN TC GROUP LLC, APOLLO AVIATION HOLDING.SA'S COMPETITION TRIBUNAL- APPROVED BIDVEST FREIGHT-SEBENZA FORWARDING AND SHIPPING MERGER WITHOUT CONDITIONS.  Full Article

Bidvest Says All Divisions Achieved Trading Growth YTD
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Bidvest Group Ltd ::JSE: BVT - VOLUNTARY TRADING UPDATE: FOUR MONTHS TO OCTOBER 2018.BIDVEST - YTD OPERATING PERFORMANCE SOLID NOTWITHSTANDING SLUGGISH ECONOMIC GROWTH, POLITICAL INSTABILITY, WANING BUSINESS CONFIDENCE IN SOUTH AFRICA.BIDVEST GROUP LTD - ALMOST ALL DIVISIONS ACHIEVED TRADING RESULT GROWTH YTD.  Full Article

S.Africa's Competition Commission Recommends Approval Of Barrick-Randgold Deal
Monday, 29 Oct 2018 

Oct 29 (Reuters) - S.Africa's Competition Commission::S.AFRICA'S COMPETITION COMMISSION - RECOMMENDED TO TRIBUNAL THAT BARRICK'S PROPOSED DEAL TO BUY RANDGOLD BE UNCONDITIONALLY APPROVED.SA'S COMPETITION COMMISSION- APPROVED, WITHOUT CONDITIONS, THE PROPOSED TRANSACTION WHEREBY WALT DISNEY CO INTENDS TO ACQUIRE 21CF.S.AFRICA'S COMPETITION COMMISSION - UNCONDITIONALLY APPROVED BIDPAPER'S PROPOSED DEAL TO BUY ALUMINIUM FOIL CONVERTERS.SA'S COMPETITION COMMISSION- APPROVED THE MERGER WITHOUT CONDITIONS WHEREBY SONY INTENDS TO ACQUIRE EMI.S.AFRICA'S COMPETITION COMMISSION - RECOMMENDED TO TRIBUNAL THAT DISCHEM'S PROPOSED DEAL TO BUY QUENETS & BRANDWACHT BE UNCONDITIONALLY APPROVED.  Full Article

Bidvest Financial Services Buys Cannon Asset Managers
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Bidvest Group Ltd ::ACQUIRES CANNON ASSET MANAGERS.‍CANNON WILL OPERATE AS SEPARATE BUSINESS IN BIDVEST FINANCIAL SERVICES DIVISION.  Full Article

Bidvest Financial Services acquires majority shareholding in FinGlobal
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - BIDVEST FINANCIAL SERVICES: :ACQUIRED A MAJORITY SHAREHOLDING IN FINANCIAL MIGRATION SERVICES COMPANY, FINGLOBAL.  Full Article

Bidvest to satisfy solvency and liquidity test after financial help​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Bidvest Group Ltd :‍IMMEDIATELY AFTER PROVIDING SUCH FINANCIAL ASSISTANCE, COMPANY WOULD SATISFY SOLVENCY AND LIQUIDITY TEST​.  Full Article

Bidvest says expect more challenging trading conditions for rest 2017
Thursday, 8 Jun 2017 

June 8 (Reuters) - Bidvest Group Ltd ::Bidvest - post expected improved trading environment in 3qfy17, market conditions have deteriorated as reflected in lowered business and consumer confidence.Bidvest - now expect more challenging trading conditions for rest of calendar 2017.Macroeconomic environment is south africa remains a major concern.Remains committed to monetising its non-core assets in a value-accretive and responsible manner and discussions are ongoing.Demand is subdued in automotive and office & print divisions.Reduced fishing quotas remain an ongoing concern in Bidvest Namibia.  Full Article

UPDATE 1-South Africa's Bidvest reports 12.5 pct rise in annual profit

JOHANNESBURG, Sept 3 South African trading, distribution and services firm Bidvest Group reported a 12.5 percent rise in annual earnings on Monday supported by cost-saving measures.