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List Of Conglomerates In The United States
A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational. Africa Algeria * Cevital Kenya * KCB Bank Group * Centum Investments * Nation Media Group * Co-operative Bank Group * Equity Bank Group * I&M Bank Group * Olympia Capital Holdings * Sameer Group * TransCentury Limited Morocco * Siger * Société Nationale d'Investissement (SNI) Nigeria * Dangote Group * John Holt Plc * Transnational Corporation of Nigeria * United Africa Company of Nigeria South Africa *Bidvest Group *Vodacom * MTN * Cell C * Telkom *Eskom *Denel *Transnet *SABC *eNCA *DStv * Super Sports *Standard Bank * ABSA * FirstRand Limited *Nedbank * Capitec *Sasol *Naspers * Anglo American Platinum Ltd *Investec *Remgro *Old Mutual *Sanlam *Shoprite Holdings Uganda * Alam Group * Aya Group * BMK Group * DFCU G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Nationale D'Investissement
Al Mada, formerly the Société Nationale d'Investissement (SNI, ) is a large private Moroccan holding company mainly owned by the Moroccan royal family. Headquartered in Casablanca, the company was established in 1966. Al Mada operates in different fields such as banking, telecommunications, renewable energy businesses and food industry among others. The conglomerate also holds stakes in the country's largest private companies: Attijariwafa Bank, Managem (mining), Nareva (energy firm), Lafarge Ciments, and Marjane (supermarket chain). Al Mada is investing in other African countries (Cameroon, Ivory Coast, Rwanda, Gabon, etc.). The holding company used to be the majority shareholder of the now defunct ONA Group, until the activities of the latter were absorbed into the SNI and subsequently disposed of. In 2012, the company's consolidated turnover was MAD53 billion (US$5.3 billion) and its net income was MAD5 billion (US$500 million). History Created in 1966, SNI has been list ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Broadcasting Corporation
The South African Broadcasting Corporation (SABC) is the public broadcaster in South Africa, and provides 19 radio stations ( AM/ FM) as well as six television broadcasts to the general public. It is one of the largest of South Africa's state-owned enterprises. Opposition politicians and civil society often criticise the SABC, accusing it of being a mouthpiece for whichever political party is in majority power, thus currently the ruling African National Congress; during the apartheid era it was accused of playing the same role for the National Party government. Company history Early years Radio broadcasting in South Africa began in 1923, under the auspices of South African Railways, before three radio services were licensed: the Association of Scientific and Technical Societies (AS&TS) in Johannesburg, the Cape Peninsular Publicity Association in Cape Town and the Durban Corporation, which began broadcasting in 1924. These merged into the African Broadcasting Company in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transnet
Transnet SOC Ltd is a large South African rail, port and pipeline company, headquartered in the Carlton Centre in Johannesburg. It was formed as a limited company on 1 April 1990. A majority of the company's stock is owned by the Department of Public Enterprises, or DPE, of the South African government. The company was formed by restructuring into business units the operations of South African Railways and Harbours and other existing operations and products. Business units The business units of Transnet include: * Transnet National Ports Authority (NPA) and Transnet Port Terminals (formerly SAPO) own and operate the country's main seaports * Transnet Pipelines - principal operator of South Africa's fuel pipelines * Transnet Freight Rail railway operator - freight service * Transnet Engineering - rolling stock manufacturing and maintenance The National Ports Authority provides port infrastructure and marine services at the eight commercial seaports in South Africa. Transn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denel
Denel SOC Ltd is a South African state-owned aerospace and military technology conglomerate established in 1992. It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for South African Defence Force (SADF), now known as the South African National Defence Force (SANDF), and the manufacturing divisions were grouped together under Denel as divisions. It is the largest of South Africa's state owned arms companies. The company had been experiencing major financial problems since 2015 and in 2021 it was announced in Parliament that Denel was on the brink of insolvency. The company stated that its woes were due to declining local defence budgets, weakened relationships with key customers and suppliers, the inability to retain or attract skilled personnel, ongoing salary disputes and a Fitch ratings downgrade. History Denel was established as a state-owned industrial company under the Department of Public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eskom
Eskom Hld SOC Ltd or Eskom is a South African electricity public utility. It was established in 1923 as the Electricity Supply Commission (ESCOM) and was also known by its Afrikaans name Elektrisiteitsvoorsieningskommissie (EVKOM). Eskom represents South Africa in the Southern African Power Pool. The utility is the largest producer of electricity in Africa, and was among the top utilities in the world in terms of generation capacity and sales, but due to the ANC and incompetence has since slipped in both categories. It is the largest of South Africa's state owned enterprises. Eskom operates a number of notable power stations, including Matimba Power Station and Medupi Power Station in Lephalale, Kusile Power Station in Witbank, Kendal Power Station, and Koeberg Nuclear Power Station in the Western Cape Province, the only nuclear power plant in Africa. The company is divided into Generation, Transmission and Distribution divisions, and together Eskom generates approximately ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telkom (South Africa)
Telkom SA SOC Limited is a South African wireline and wireless telecommunications provider, operating in more than 38 countries across the African continent. Telkom is majority state-owned (55.3%) with the South African government owning 40.5% of Telkom, while another 14.8% is owned by another state-owned company - the Public Investment Corporation (PIC), which is closely linked to the South African government. History of telecommunications in South Africa The first use of telecommunication in South Africa happened in April 1860 was a single line telegraph connecting Cape Town and Simonstown. In 1879, the first undersea links were introduced, first connecting Durban and Europe. In the 1960s, South Africa was connected to 72 nations and total outgoing annual international calls numbered over 28,800. In 1994, South Africa launched its mobile operations, underwritten by Telkom in partnership with Vodafone. This subsidiary grew to be Vodacom, which Telkom sold in late 2008 in pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cell C
Cell C Limited (stylised as Cell ©) is as a private mobile operator based in Sandstone, South Africa. It was founded in November 2001 by Lambert Moloi. As of August 2019, the Company’s current CEO is Douglas Craigie Stevenson Douglas may refer to: People * Douglas (given name) * Douglas (surname) Animals * Douglas (parrot), macaw that starred as the parrot ''Rosalinda'' in Pippi Longstocking *Douglas the camel, a camel in the Confederate Army in the American Civi .... Challenger Network Cell C is a mobile operator in South Africa, acting as a disruption and pushing for regulatory changes such as lower and asymmetrical mobile termination rates. A study commissioned by the South African National Treasury and conducted by the University of Johannesburg's Center for Competition, Regulation and Economic Development found that the lower termination rates introduced in 2011. References External links {{South African telecommunication companies Mobile phone companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MTN Group
MTN Group Limited, formerly M-Cell, is a South African multinational mobile telecommunications company, operating in many African and Asian countries. Its head office is in Johannesburg. , MTN recorded 280 million subscribers, making it the 8th largest mobile network operator in the world, and the largest in Africa. Active in over 20 countries, one-third of the company's revenue comes from Nigeria, where it holds about 35% market share. MTN Group is the primary sponsor of the South Africa national rugby union team and sponsors English football club Manchester United and Zambian Super League. The Nigerian subsidiary of the group also has an existing sponsorship deal with the Nigerian Football Federation. History The company was founded in 1994 as M-Cell with assistance from the South African government. In 1995, it replaced its then-CEO, John Beck, with Robert (Bob) Chaphe and founder Leena Jaitley. In 2001, the company reported that its controlling shareholder was Johnn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vodacom
Vodacom Group Limited is a South-Western African mobile communications company, providing voice, messaging, data and converged services to over 55 million customers. From its roots in South Africa, Vodacom has grown its operations to include networks in Tanzania, the Democratic Republic of the Congo, Mozambique, and Lesotho, and provides business services to customers in over 32 African countries, including Nigeria, Zambia, Angola, Kenya, Ghana, Côte d'Ivoire, and Cameroon. History It was owned in a 50/50 partnership by the South African telecommunications giant Telkom and British multinational operator Vodafone. On 6 November 2008, Vodafone announced that it had agreed to increase its stake to 64.5%, and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange (JSE). On 1 April 2011, Vodacom officially unveiled its new change in branding from blue to red, using the same style as its parent company, Vodafone. Vodacom provide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bidvest Group
The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The Bidvest Group Limited has a corporate office in Johannesburg, South Africa, and employs approximately 132,870 people. The Bidvest Group Limited board comprises eleven members. In March 2019 Bidvest named current Executive Director Mpumi Madisa as CEO-designate. After the retirement of Lindsay Ralphs on 30 September 2020, Mpumi Madisa assumed the role of Bidvest CEO. See also *Bidvest Insurance *Bidvest Bank *Steinhoff International *Woolworths Holdings Limited Woolworths Holdings Limited () is a South African multinational retail company that owns the South African retail chain Woolworths, and Australian retailers David Jones and Country Road Group. Woolworths, however, has no association to Austr ... References {{Authority cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Africa Company Of Nigeria
The United Africa Company of Nigeria is a Nigerian publicly listed company based in Lagos. Its areas of operation include manufacturing, services, logistics and warehousing, agricultural and real estate. UACN's food operations include UAC Franchising, UAC Restaurants and UAC Dairies. It also has equity stake in UACN Property Development Company, a quoted firm, CAP Plc, makers of Dulux paints and Portland Paints, manufacturers of Sandtex paints. A former chairman of the board was Senator Udoma U.Udoma when Mr Larry Ettah was serving as Group Managing Director and CEO in 2010. History UAC Nigeria also known as UACN was first incorporated in Nigeria under the name Nigerian Motors Ltd on April 22, 1931 as a wholly owned subsidiary of the United Africa Company Ltd, the firm that later became UAC International (UACI). UAC International, a subsidiary of Unilever, included in its business, the trading activities formerly carried on by a number of other companies including The Niger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
