takeover regulation panel

  1. Hanno Labuschagne

    Novus increases Mustek share offer to TRP-ordered amount

    Novus increases Mustek share offer to TRP-ordered amount Novus Holdings has entered into a settlement agreement with Mustek regarding its proposed acquisition of the company, increasing its offer price to Mustek shareholders to R15.41 per share. In an announcement on Tuesday, 26 May 2026...
  3. Hanno Labuschagne

    Big twist in Mustek takeover deal

    Big twist in Mustek takeover deal The Takeover Regulation Panel (TRP) has ordered Novus Holdings to withdraw and resubmit its offer to acquire Mustek, one of the oldest computer hardware distributors in South Africa. This comes after the TRP unconditionally approved Novus' firm intention...
  4. Jan

    Telkom rejects Rain acquisition proposal

    Telkom rejects Rain Telkom has informed shareholders that it has terminated discussions relating to Rain’s proposal about a potential acquisition. Rain made a formal proposal to Telkom on 30 September 2022, suggesting that Telkom buy it with newly issued shares.
  5. Jan

    Rain's proposal to Telkom - buy us!

    Rain proposes that Telkom should buy it Telkom has confirmed it received an offer from Rain in mid-September proposing that Telkom acquire Rain in exchange for shares. "Shareholders are advised that Telkom received a non-binding proposal from Rain on 14 September 2022, in terms of which Rain...
  6. Jan

    Rain retracts press release about Telkom merger offer

    Rain retracts Telkom merger offer announcement Rain has withdrawn its announcement stating that it submitted a merger proposal to the Telkom board. “As Rain, we are pleased with Telkom’s SENS announcement stating that if an offer or formal proposal is received from Rain, the board of Telkom...
    • Jan
    • Thread
    • african rainbow capital investments (arci) rain takeover regulation panel telkom
    • Replies: 0
    • Forum: Broadband and IT News
  7. Hanno Labuschagne

    Rain "engaging" TRP over instruction to withdraw Telkom merger statement

    Rain "engaging" TRP over instruction to withdraw Telkom merger statement Rain has not withdrawn its statement of a proposed offer to merge with Telkom after the Takeover Regulation Panel (TRP) reprimanded the company over its announcement. Instead, according to feedback from Rain CEO Brandon...
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