https://www.engineeringnews.co.za
Africa|Business|Services
Africa|Business|Services
africa|business|services

JSE to acquire controlling share in Link SA

The Johannesburg Stock Exchange, in Sandton

The Johannesburg Stock Exchange, in Sandton

Photo by Creamer Media

26th August 2019

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

The JSE plans to acquire 74.85% of Link Market Services South Africa (Link SA) from Australian parent company Link Market Services for R224-million.

The JSE says the proposed transaction supports its strategy to strengthen its relationships with issuers and to grow sustainably across the issuer services value chain. 

Link SA is the second-largest share register business in South Africa and has a client base that includes six of the top 40 issuers.

Link SA’s black economic empowerment partner will retain its existing 25.15% shareholding in the company.

The JSE expects the transaction to close by December 31.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/07/2024)
12th July 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.359 0.411s - 208pq - 2rq
Subscribe Now