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Rain "engaging" regulator over order to retract Telkom merger statement

Rain "engaging" regulator over order to retract Telkom merger statement
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South Africa , Khumbudzo Ntshavheni , Takeover Regulation Panel , Competition Commission , Toto Consortium , Companies Regulations , Africa Airways , Business Times , South Africa Airways ,

Consortium makes unsolicited bid for state's 40% stake in Telkom

The South Africa government has received an unsolicited bid for its 40.5% stake in Telkom, following an announcement that MTN Group is in early-stage talks to acquire the company. Investment firm Toto Consortium made an offer valued at R7-billion for the stake, according to Bloomberg calculations. The Telkom bid is based… ....

South Africa , Richards Bay , Kwazulu Natal , South African , Bongani Gigaba , Khumbudzo Ntshavheni , Toto Consortium , Global Airways , Rio Tinto , African Airways , Richards Bay Minerals , South African Airways , Harith General ,