'The New Age deal is weirder than the Tegeta one'

(Also read: "Bloomberg makes fishy discovery when visiting Charles King, new owner of Tegeta".)

--

“Due diligence” refers to the detailed examination of a company - and its financial records - before becoming involved in a business arrangement with it.

How long does a due diligence on a R450 million media deal take compared to a R2.9 billion mining deal?

That is the question The Money Show’s Bruce Whitfield put to Savannah Mara Senior Partner Rod MacLeod.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

The size and scope of due diligence is dependent on the risk appetite of the buyer.

Rod MacLeod, Savannah Mara

Due diligence is a mechanism to give the buyer comfort.

Rod MacLeod, Savannah Mara

Serious buyers go through a due diligence process.

Rod MacLeod, Savannah Mara

The media deal is the weirder of the two.

Rod MacLeod, Savannah Mara

It makes no commercial sense at all.

Rod MacLeod, Savannah Mara

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

The Money Show’s Bruce Whitfield interviews Telkom Group CEO Sipho Maseko.

Pay less fees and tax on your investments. Diversify. Then be patient…

Pay less fees and tax on your investments. Diversify. Then be patient…

The market is toast. Don’t leak money! Bruce Whitfield interviews Craig Gradidge, South Africa’s top wealth manager.

Menthols far deadlier than regular cigarettes, finds FDA. BAT shares tumble 11%

Menthols far deadlier than regular cigarettes, finds FDA. BAT shares tumble 11%

A proposed FDA ban wiped R176bn from British American Tobacco's market cap. Bruce Whitfield talks to Dr Richard van Zyl-Smit.

3 best shares to buy this week (by Cannon Asset Managers)

3 best shares to buy this week (by Cannon Asset Managers)

Dr Adrian Saville shares his stock picks of the week.

'I don’t spend much. I drive an old car. I’ve never been in debt'

'I don’t spend much. I drive an old car. I’ve never been in debt'

Bruce Whitfield interviews analyst Chris Gilmour about his attitude toward money (hopes and fears, successes and failures, etc.).

Bloomberg makes fishy discovery when visiting Charles King (new owner of Tegeta)

Bloomberg makes fishy discovery when visiting Charles King (new owner of Tegeta)

Why is its registered address that of a violin shop? Bruce Whitfield interviews Intellidex’s Stuart Theobald.

Popular articles
'Perhaps somebody is misleading the Public Protector'

'Perhaps somebody is misleading the Public Protector'

Bishop Malusi Mpumlwana gives his take on the supposed 'fightback' against Pravin Gordhan.

'I don’t spend much. I drive an old car. I’ve never been in debt'

'I don’t spend much. I drive an old car. I’ve never been in debt'

Bruce Whitfield interviews analyst Chris Gilmour about his attitude toward money (hopes and fears, successes and failures, etc.).

Daughter of Timol murder accused Joao Rodrigues reveals sexual abuse

Daughter of Timol murder accused Joao Rodrigues reveals sexual abuse

Tilana Stander talks about the abuse she suffered at the hands of her father.

[LISTEN]  My Life Beyond HIV

[LISTEN] My Life Beyond HIV

Pholokgolo Ramothwala chats to Azania about living with HIV and his newly released book, My Life Beyond HIV.

WATCH:  Crash, bang, wallop! How would YOU explain this to YOUR boss?

WATCH: Crash, bang, wallop! How would YOU explain this to YOUR boss?

The woman comes out of the crash without a scratch but is visibly distressed by the incident that she may have to explain later.

[LISTEN] Steinhoff explained: 100 times more looted in Steinhoff saga than VBS

[LISTEN] Steinhoff explained: 100 times more looted in Steinhoff saga than VBS

Steinhoff’s Web of Deception: An Explainer with Financial Mail journalist Warren Thompson.

[WATCH] Iceland’s Christmas advert banned- for being too political

[WATCH] Iceland’s Christmas advert banned- for being too political

Khabazela shares tweets and Facebook posts that have gone viral.