12 May 2021 Peter Takaendesa, head of equities at Mergence Investment Managers, said while the move is a “decent solution” it might not be enough to close the valuation gap, and suggested selling the Tencent stake down would be more direct. Shares in Prosus rose 1.8% to 86.30 euros in Amsterdam while Naspers shares rose […]
11 May 2021 Peter Takaendesa, the head of equities at Mergence Investment Managers, said the further delay was unlikely to be the key reason for the share price decline, as such delays were not unusual for acquisition transactions of this nature.
06 May 2021 The Mergence group ethos is to create shared value and this is what we are achieving as it is ultimately the retirement fund members of the GIPF who benefit from the steady financial returns provided by infrastructure investment, as well as the positive “social returns” provided by a strengthened economic environment, whether […]
06 May 2021 Mergence Unlisted Investment Managers (Namibia) has increased its shareholding in the two Ejuva renewable energy projects in Gobabis from 17% to a majority stake of 66% having acquired the 49% previously held by co-developer and initial part-financier, CIGenCo, a subsidiary of South Africa-listed Consolidated Infrastructure Group (CIG).
06 May 2021 Mergence is therefore delighted to continue joining forces with the projects , local partners and co-developers, OKA Capital (Pty) Ltd and BPI Energy Solutions (Pty) Ltd, who played a key role in successfully bringing the projects to commissioning three years ago,” said Nghinaunye.