Didata surges amid talk of takeover bid

A

AdLo

Expert Member
Joined
Dec 15, 2004
Messages
1,190
Reaction score
3
Location
South Africa
http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A184224

SHARES in technology company Dimension Data (Didata) jumped to their highest level since June 2002 yesterday amid takeover talk and a price target upgrade.

Analyst Irnest Kaplan said the only likely buyer he could think of was the second network operator, SA’s long-awaited rival to Telkom.

“I can’t see any other player being interested except for the second network operator,” he said.
Click to expand...
 
I suppose the SNO is better than Telkom. Although we'll have to wait and see if the SNO turns out to be greedy bastards like telkom or a great asset to the SA economy, in case of the latter, this could be a good takeover.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X