Adapt IT's big plans following JSE delisting
Adapt IT has big plans to expand its offerings in Africa and are looking at acquisition opportunities following its acquisition by Volaris Group and delisting from the JSE.
2021 was a turbulent year for Adapt IT, with a bidding war for the company...
Adapt IT delists from JSE after Volaris acquisition
South African technology services company Adapt IT Holdings Limited has delisted from the JSE following its acquisition by Canadian company Volaris Group Inc, effective 3 January 2021.
"All conditions and regulatory approvals have now been...
Running a top South African IT company from Australia
New Adapt IT CEO Tiffany Dunsdon runs the JSE listed IT company from Perth, Australia, and she said residing overseas posed no problems getting the work done.
Dunsdon was appointed as Adapt IT following the resignation of Sbu Shabalala...
Strange Adapt IT share trades following results
Adapt IT released its financial results for the year ended 30 June 2021, which revealed muted organic revenue growth of 1% and a 10% decline in EBITDA.
The company’s earnings per share (EPS) was down 2% to 50 cents, while normalised headline EPS...
Adapt IT and Volaris deals under threat following Sbu Shabalala's assault allegations
Sasfin Securities deputy chairman, David Shapiro, says there will be pressure on Volaris and Huge Group to step back from their plans to acquire Adapt IT following allegations of armed assault against CEO Sbu...