Technology firm Huge Group says is it eying a number of potential deals to grow its portfolio of companies after its failure to take over Adapt IT earlier in 2021.

Huge first made its move for Adapt IT at the beginning of 2021 in a share-swap deal that valued the company at R800m, or R5.52 a share. Volaris, a unit of Canada’s Constellation Software, then made a firm cash offer of R1bn, which had the support of Adapt IT’s management. If successful, the Volaris deal will result in Adapt IT delisting from the JSE...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now