{"id":547932,"date":"2006-02-07T08:21:11","date_gmt":"2006-02-07T08:21:11","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/547932-vodafone-has-effective-84-3-interest-in-venfin.html"},"modified":"2006-02-07T08:21:11","modified_gmt":"2006-02-07T08:21:11","slug":"vodafone-has-effective-84-3-interest-in-venfin","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/547932-vodafone-has-effective-84-3-interest-in-venfin.html","title":{"rendered":"Vodafone has effective 84.3% interest in VenFin"},"content":{"rendered":"<p><font size=\"2\">Combined with the 30 252 460 ordinary shares held by Vodafone Group and the 35 506 352 VenFin B ordinary shares acquired from Rembrandt Trust, Vodafone group has an effective economic interest in VenFin of 84.3% and an effective voting interest of 90.8%.<\/font><\/p>\n<p><font size=\"2\">In December last year, South Africa&#8217;s Competition Commission unconditionally recommended that the Tribunal approve the acquisition of VenFin by Vodafone, and the Competition Tribunal gave its green light to the deal on January 11.<\/font><\/p>\n<p><font size=\"2\">Vodafone, which currently owns 35% of South African cellular operator Vodacom, is offering 47.25 rand per VenFin share.<\/font><\/p>\n<p><font size=\"2\">I-Net Bridge<br \/><\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK listed cellular operator Vodafone said on Tuesday that as at 17:00 on February 6 it had valid acceptances of its offer for South African investment company Venfin (VNF) representing 308 999 034 VenFin ordinary shares &#8211; or 81.5% of the offer shares. <\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-547932","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/547932"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=547932"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/547932\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=547932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=547932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=547932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}