Highlights of the day: 22 August

FinMeUp highlights of the day

South Africa

MTN Group Limited

• Discussions relating to MTN acquiring Telkoms entire issued share capital are still in progress.
• If discussions are successfully concluded, it may have a material effect on the companys share price.

Afrimat Limited- Update on acquisitions

• Afrimat has the option to acquire 100% of the shares in Glenover Phosphate Proprietary Limited from the current shareholders for a total purchase consideration of R550 million.

Sun International Limited- Trading statement

• The company expects a basic EPS of between 84 cents per share and 100 cents per share, compared to the prior periods loss of 32 cents per share.

Motus Holdings Limited- Trading statement

• The company expects an EPS of between 1 870 cents per share and 1 930 cents per share, representing an increase of between 62% and 67%.

The U.S.

Amazon

• Amazon, along with various others are bidding for Signify Health.
• UnitedHealth has reportedly bid over $30 a share for Signify Health.

Berkshire Hathaway

• Warren Buffett's Berkshire Hathaway currently owns about 5.7% of Apple.

eBay

• eBay has entered into an agreement to acquire TCGplayer.
• eBay will pay up to $295M for TCGplayer.

Apple

• Apple has announced Self Service Repair will be available starting tomorrow for the MacBook Air and MacBook Pro notebooks with the M1 family of chips.

Biggest winners and losers

JSE

• Thungela +4.54%
• Sirius -3.23%

U.S.

• Pinduoduo +3.08%
• Netflix -5.68%

Crypto

• Bitcoin -0.8%
• Ethereum -3.1%
• Solana -4.4%