QUOTE AND NEWS
Reuters  Aug 16  Comment 
The required majority of shareholders of South African media firm Avusa Ltd approved the $134 million buyout by a unit of investment company Mvelaphanda Group, Avusa said on Thursday.
Reuters  Jul 31  Comment 
South Africa's government pension fund has said it would not support the $138 million buyout of media firm Avusa Ltd by a unit of investment company Mvelaphanda Group, citing concern about its proposed restructuring plan.
Reuters  Jun 12  Comment 
South African stocks edged higher on Tuesday, with shares in Avusa providing the highlight as they leapt almost 9 percent after the media group received a $134 million offer.
Reuters  Jun 12  Comment 
JOHANNESBURG, JUNE 12 - South African investment group Mvelaphanda Group (Mvela) bid 1.13 billion rand for shares it does not already own in domestic media firm Avusa Ltd, the two companies said on Tuesday.





 


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