Cell C rejects Telkom takeover offer

[Jamie McKane]

Cell C rejects Telkom takeover offer

Telkom has announced that its offer to acquire Cell C has been rejected, and the network has subsequently issued a statement withdrawing its previously-issued cautionary announcement.

The company previously stated that it was in discussions with Cell C to acquire the embattled mobile network, but these negotiations have now ended.

 

[ttygt]

 

[BBSA]

Why is blue label share price going up, I would have thought that it will tank on the news.

 

[Swa]

Why is blue label share price going up, I would have thought that it will tank on the news.

When you've hit rock bottom there's only one way to go.

 

[Goosfrabba]

Can you pick up an entire business on a Black Friday Special?

 

[ToxicBunny]

Can you pick up an entire business on a Black Friday Special?

Telkom tried...

 

[backstreetboy]

Can you pick up an entire business on a Black Friday Special?

Shoprite snaps up OK for R1

TUESDAY, 10.30AM: Shoprite Holdings has bought the OK Bazaars Group from South African Breweries for the nominal sum of R1. The loss-making group had cost SAB an estimated R1-billion in capital injection since its delisting in March 1994. The deal includes a guarantee of R540-million in assets...

mg.co.za

Shoprite Holdings has bought the OK Bazaars Group from South African Breweries for the nominal sum of R1.

 

[Swa]

Now we know what SAA can go for.