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Highlights of the day: 12 December

April 16, 2024
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FinMeUp
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FinMeUp

FinMeUp highlights of the day

 

South Africa

Naspers Limited- Dealings in securities

  • Bob Van Dijk disposed of 31 395 shares for a total value of R82 796 611.31.
  • Basil Sgourdos disposed of 2 451 shares for a total value of R6 463 911.27.

Shoprite Holdings Limited

  • In late 2021, Shoprite announced that it would acquire select businesses from Massmart Holdings.
  • The revised transaction will exclude 15 stores and now comprises 42 Cambridge Food and Rhino Cash and Carry stores, two Fruitspot facilities, and the Massfresh Meat business, and 12 Masscash Cash and Carry stores.

 

The U.S.

Apple

  • Taiwan's major Apple suppliers saw their revenue down by 6.4% YoY in November.

Disney

  • Disney's Black Panther: Wakanda Forever, has now brought in $409.8 Million at the US box office making it the 35th highest-grossing movie of all time in the US after just 5 weeks of being out.

Twitter

  • Twitter is reportedly relaunching its Twitter Blue subscription service this week.

Elon Musk

  • Elon Musk is once again the worlds richest person, overtaking Bernard Arnault & family, according to Forbes.

Microsoft

  • Microsoft has agreed to acquire around about a 4% equity stake in the London Stock Exchange.

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