Advertise with fastmoving.co.za
 
 

REMGRO NEWS ON FASTMOVING

Subscribe to remgro

RCL stock leaps on earnings update

RCL stock leaps on earnings update

15/02/2018 - 10:42
RCL Foods, the consumer brands conglomerate that owns poultry producer Rainbow Chickens, delivered a nourishing trading update. read more
Distell postpones restructuring deadline again after delays

Distell postpones restructuring deadline again after delays

30/01/2018 - 09:56
"What’s another two months when you’ve been waiting almost nine years," was the response of one weary Distell shareholder to news that the closing date for the restructuring had been pushed out to April 6 from January 29. read more
Appeal against restructuring of Distell dismissed

Appeal against restructuring of Distell dismissed

29/01/2018 - 11:00
The Takeover Special Committee has dismissed an appeal by shareholder activist Albie Cilliers of Remgro’s restructuring of liquor group Distell.  read more
Distell restructuring decision expected this week

Distell restructuring decision expected this week

16/01/2018 - 12:51
The Takeover Special Committee is expected to announce its decision on whether or not to give the Distell restructuring the go-ahead later this week.  read more
Distell sells Bisquit cognac brand to Campari

Distell sells Bisquit cognac brand to Campari

21/12/2017 - 10:09
Distell, the liquor brands conglomerate controlled by Remgro, called time on its international cognac market strategy by selling its French subsidiary Bisquit for à52.5m.  read more
Distell positioned for acquisitions

Distell positioned for acquisitions

26/09/2017 - 08:42
The pending collapse of the Distell control structure should help the drinks company to enjoy the sort of rating analysts and shareholders say has eluded it in recent years. read more
Remgro sells minority interest in Unilever SA

Remgro sells minority interest in Unilever SA

22/09/2017 - 17:01
Investment conglomerate Remgro has agreed to exchange its minority shareholding in Unilever SA for Unilever’s Spreads business in Southern Africa and R4.9bn in cash. read more
Distell sells venerable wine farms and brands

Distell sells venerable wine farms and brands

01/09/2017 - 11:57
Remgro-controlled liquor conglomerate Distell, which aims to double revenue and profits by 2021, is selling long-held wine farms and wine brands as executives look to markedly improve a modest return on assets. read more
Remgro and Distell to gain from dismantling Capevin

Remgro and Distell to gain from dismantling Capevin

23/06/2017 - 09:21
Liquor giant Distell, which owns best-selling brands such as Savanna, Hunters, Nederburg and Klipdrift, has uncorked a proposal that fortifies the position of its biggest shareholder, investment giant Remgro. read more
Capevin rise sparks Distell rumours

Capevin rise sparks Distell rumours

09/10/2014 - 12:09
Cape Town — Changes may be afoot in the control structure of liquor giant Distell after shares in its holding company, Capevin, touched a record high on Tuesday. read more
Expectations of Remgro mount as share price discount narrows

Expectations of Remgro mount as share price discount narrows

23/09/2014 - 10:57
Remgro, the R118bn investment behemoth owned by the Rupert family, is facing great market expectations, with its latest results showing the share price discount on its underlying investments has been whittled down to just a sliver. read more
RCL shares down on stock-for-sugar deal

RCL shares down on stock-for-sugar deal

25/11/2013 - 08:30
Johannesburg - Shares of South Africa's RCL Foods fell 1.6 percent on Friday, a day after the company said it would issue $394 million in stock to acquire two sugar businesses from its top shareholder Remgro Ltd. read more