Johannesburg - The proposed acquisition by media and entertainment group Avusa [JSE:AVU] of a Durban-based printing company will dilute existing holdings of shareholders by 16.6%, Avusa has disclosed ...

Former CEO of Avusa, Prakash Desai bailed (or was pushed) out of the media company that owns Sunday Times a week ago with loads of loot. Avusa-owned title Business Live said the CEO, who is well known ...

The proposed restructuring of Avusa is expected to result in a significant decline in Mvelaphanda Holdings’ stake in the group and also result in the media company having a much broader shareholder ...

The Mvelaphanda Group (slash Blackstar Group) faces a hurdle in its bid to take full control of Avusa. This comes in the form of opposition from the Public Investment Corporation, which owns 17% of ...

Why will Avusa insist on doing such silly things? Why not just give the enterprising young Michelle Solomon the 2008 report on the Sunday Times she sought? She wouldn't have been able to do much with ...

The resignation of long-standing Avusa director Tom Wixley is a reflection of the level of shareholder interference in board responsibilities at the media company, according to a top-ranked media ...

Business Report readers who are old enough to remember the Spice Girls may be inclined towards a “ho-hum” type of response to the latest news that Avusa is heading towards another restructuring.

Mvelaphanda Group plans to trim Avusa's 15-member board to about eight to nine people and to curb wasteful expenditure if it succeeds with its estimated R3bn cash and share offer for the remaining 79% ...

This is the peculiar tale of a company caught playing silly buggers in the worst recession in living history. It was always going to be tough as media companies across the world have seen revenues ...

JOHANNESBURG – Mvelaphanda’s proposed acquisition of Avusa (JSE:AVU) will not result in any asset stripping. The initial focus will remain on the continued improvement of efficiencies and the ...

Media and entertainment group Avusa on Thursday (21 June) reported diluted headline earnings per share of 111 cents for the year ended March 2012, down 36% from a year ago’s 174 cents per share.