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Altron in the News

Altron resumes dividend payment – Business Day

Allied Electronics Corporation (Altron) has kept to its word by resuming dividend payments for the first time in two years. The technology group on Thursday declared an interim dividend of 28c per share, as its free cash flowed and net debt improved. … Read More

Altron shares surge after announcement of dividend payment – Business Tech

JSE-listed Allied Electronics Corporation (Altron) rose by 6.65 percent on the JSE yesterday after the group announced that it would resume paying a dividend for the first time in two years. … Read More

Healthier Altron expects to slash its interest bill – Business Tech

With its turnaround materialising, technology group Altron is talking to lenders about refinancing expensive debt, CEO Mteto Nyati said on Thursday. The group expected to “substantially” cut its interest bill. … Read More

Back from the brink – the new age of Altron – Financial Mail

Altron, the technology and manufacturing giant built by Bill Venter, stumbled badly under his heirs. Under new CEO Mteto Nyati, the group is now in transition from a family business to one that is professionally managed. Nick Hedley assesses the company’s prospects of reinventing itself and recapturing the glory days of its formidable, and flexible, founder. … Read More

Competition commission approves Altron acqusition of iSPartners – Business Tech, IOL, IT-Online

JSE-listed Allied Electronics Corporation Limited (Altron) has announced that the Competition Commission has approved its acquisition of iS Partners with effect from 1 September 2018. The deal is worth R225 m … Read More