Oger, MTN duel for Telkom

tracking the telkom share price:

MTN bid announced - sharply down
Oger bid hinted at - sharply up in a nasty bear market

why does the SA govt support the first? bad for competition, bad for prices & bad for shareholders....
 
dominic said:
tracking the telkom share price:

MTN bid announced - sharply down
Oger bid hinted at - sharply up in a nasty bear market

why does the SA govt support the first? bad for competition, bad for prices & bad for shareholders....
Click to expand...
Could it be that there be ANC members on MTN's board of directors?
 
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