Financial Post
🏢 Postmedia
May 20, 2026
· 3 min read
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UAE’s Averi Targets Johannesburg Listing Through Reverse Merger
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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LEFTCENTERRIGHT
Signal breakdown
Heuristic (v1/v3)
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ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
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Rolling outlet bias
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Article Excerpt
Article content (Bloomberg) — Dubai-based Averi Finance is in talks with Mantengu Ltd. over a reverse takeover of the South African mining firm that would result in the Middle Eastern company listing in Johannesburg. Article content Mantengu will issue 650 million new shares for the deal, which will see Averi transferring its portfolio of projects, ranging from oil and gas to renewable energy and digital infrastructure into the company, Averi founder and Chief Executive Officer Gaspar Lino said in an interview. Averi will control 66.7% of the group and Mantengu shareholders the rest after the …
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