MTN could reconsider buying Telkom after Rain proposal
MTN has issued a notice to shareholders stating that it has written to the Telkom board after the company announced that it had received an acquisition proposal from Rain.
Telkom notified shareholders on Friday that Rain has proposed that Telkom should buy the cellular network operator in exchange for shares. It received the proposal on 14 September 2022, Telkom said.
MTN has issued a notice to shareholders stating that it has written to the Telkom board after the company announced that it had received an acquisition proposal from Rain.
Telkom notified shareholders on Friday that Rain has proposed that Telkom should buy the cellular network operator in exchange for shares. It received the proposal on 14 September 2022, Telkom said.