Johannesburg - The proposed acquisition by media and entertainment group Avusa [JSE:AVU] of a Durban-based printing company will dilute existing holdings of shareholders by 16.6%, Avusa has disclosed ...
Former CEO of Avusa, Prakash Desai bailed (or was pushed) out of the media company that owns Sunday Times a week ago with loads of loot. Avusa-owned title Business Live said the CEO, who is well known ...
The Mvelaphanda Group (slash Blackstar Group) faces a hurdle in its bid to take full control of Avusa. This comes in the form of opposition from the Public Investment Corporation, which owns 17% of ...
The resignation of long-standing Avusa director Tom Wixley is a reflection of the level of shareholder interference in board responsibilities at the media company, according to a top-ranked media ...
Instead, Solomon got a very compelling story out of the fact that she has filed a Promotion of Access to Information Act (PAIA) application with the Sunday Times - and in her own words: "In an ...
Mvelaphanda Group plans to trim Avusa's 15-member board to about eight to nine people and to curb wasteful expenditure if it succeeds with its estimated R3bn cash and share offer for the remaining 79% ...
South African media group Johnnic Communications (Johncom) on Tuesday announced a proposed change of name to Avusa, subject to shareholder and regulatory approval. Johncom said the name change to ...
Johannesburg - Mvelaphanda Group came one large step closer to becoming the biggest shareholder in media group Avusa yesterday, when Avusa shareholders voted overwhelmingly in favour of the proposed ...
This is the peculiar tale of a company caught playing silly buggers in the worst recession in living history. It was always going to be tough as media companies across the world have seen revenues ...
JOHANNESBURG – Mvelaphanda’s proposed acquisition of Avusa (JSE:AVU) will not result in any asset stripping. The initial focus will remain on the continued improvement of efficiencies and the ...
Media group Avusa posted a 38% drop in full-year earnings on Thursday, slightly better than expected, and its shares surged after it hiked its dividend. Avusa, which owns South Africa’s Sunday Times ...
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