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UK's PHP pushes for Assura merger, dismissing financial risk claims
The Mercury
|June 17, 2025
PRIMARY Health Properties (PHP) has renewed its push for a merger with rival Assura Plc dismissing financial concerns raised by Assura’s board and underscoring strategic benefits in an intensifying battle over the future of Britain's largest primary care real estate groups.
PHP is a UK-based Real Estate Investment Trust specialising in the acquisition, development, and management of primary healthcare facilities.
PHP and Assura are secondary listed on the JSE with primary listings on the London Stock Exchange.
On Friday afternoon PHP shares rose 6.7% at R25.01, while Assura's shares were up 6.17% to R12.21.
PHP said on Friday it continues to believe a combination with Assura represents a “highly compelling proposition,” providing shareholders with long-term value and enhanced exposure to resilient healthcare property assets amid improving macroeconomic conditions.
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FLERE HISTORIER FRA The Mercury
The Mercury
FRANK STEWART BRIDGE
FOLLOWING THE “LAW”
1 mins
January 26, 2026
The Mercury
Godongwana highlights South Africa’s economic strides at WEF 2026
FINANCE Minister Enoch Godongwana said on Friday that South Africa returned to this year's World Economic Forum (WEF) in Davos with tangible evidence of economic progress, presenting a compelling case to global investors and business partners that the country’s reform agenda is delivering results.
2 mins
January 26, 2026
The Mercury
New S Sudan conflict displaces 180 000
RENEWED fighting in South Sudan has displaced more than 180 000 people, with witnesses describing indiscriminate use of barrel bombs and civilians fleeing into swamps as the country’s fragile peace unravels.
2 mins
January 26, 2026
The Mercury
South Africa’s reform agenda gains traction at the 2026 World Economic Forum
TEAM South Africa has returned from the 2026 World Economic Forum (WEF) Annual Meeting in Davos expressing confidence that the country's reform agenda is beginning to resonate with global investors, a marked shift from previous years dominated by concerns over energy shortages and logistics bottlenecks.
2 mins
January 26, 2026
The Mercury
South Africa’s wholesale trade sector shows signs of stabilisation in November
WHOLESALE trade sales indicated a decrease by 0.8% in November 2025 compared with November 2024.
2 mins
January 26, 2026
The Mercury
Cosatu warns: Denel’s salary crisis highlights urgent issues for South Africa
WORKERS and the nation this week received a deeply worrying reminder about the still fragile state of the Denel Group, the state’s defence manufacturing company, with management’s warning to staff at two of its divisions, Denel Dynamics and Denel PMP (Pretoria Metal Pressings), that there may not be funds to pay their salaries this month.
4 mins
January 26, 2026
The Mercury
Nissan’s deal with Chery keeps Rosslyn plant viable and protects jobs
After more than Go years of production in Rosslyn, Nissan has sold the plant to Chinese manufacturer
3 mins
January 26, 2026
The Mercury
Al stock surge proves an unlikely boon for Japan toilet maker
IT'S NOT just Nvidia and other heavyweights of the AI stock boom who are feeling flush.
2 mins
January 26, 2026
The Mercury
Home Affairs appointment system failures laid bare in Cape Town office incident
A VIRAL video showing a woman being forcibly removed from the Tygervalley Home Affairs office has reignited concerns about the reliability of the department’s online booking system, after clients claimed they had confirmed appointments that officials said did not exist.
2 mins
January 26, 2026
The Mercury
Why Gauteng’s strong matric results mask a crisis in township schools
While Gauteng celebrates a robust provincial average of 89.06%, the Lehohla Ledger—our forensic audit of 2 745 evidence-based instruments—flashes a crimson warning over the Gauteng East District.
4 mins
January 26, 2026
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