Tag: Acquisition
MICROSOFT in IT industry’s biggest deal to buy Activision Blizzard
Microsoft is buying Call of Duty maker Activision Blizzard for US$68.7-billion (that’s over a trillion rand, if you do the conversion) in the biggest gaming...
Vodacom shareholders clear Egypt deal
Vodacom Group is close to acquiring a majority stake in Vodafone Egypt, with the former’s investors approving the transaction at an extraordinary general meeting.
In...
Facebook acquires Meta Finance Trademark for US$60 million
Facebook has closed a $60 million deal to purchase the trademark assets of Meta Financial Group after the social media giant renamed its company...
Millicom takes full ownership of Tigo Guatemala for $2.2 billion
Millicom has reportedly agreed to take full control of Tigo Guatemala by buying out a 45 per cent stake from its joint venture partner...
US Senators to stop Big Techs from planned competitor acquisitions
Two US Senators, Amy Klobuchar and Tom Cotton have reportedly introduced a bipartisan bill designed to prevent tech giants like Meta and Amazon from...
BREAKING | Vodacom to buy Vodafone Egypt for US$2.7 billion
Vodacom Group is entering North Africa for the first time, announcing on Wednesday that it will acquire Vodafone Egypt from parent Vodafone Group for...
South Africa: Telkom shares drop after MTN acquisition report
Reports from South Africa indicate that despite a weekend report of an approach by MTN Group, Telkom shares were trading lower on Monday, implying investors don’t...
PayPal to acquire Pinterest for US$45 billion
PayPal has reportedly advanced efforts to transform into a ubiquitous service offering multiple in-app functionalities, through a potential takeover of social media company Pinterest.
Bloomberg reported...
Zeepay Ghana acquires Mangwee Mobile Money in Zambia
In what has been touted as an indigenous African love story between two fintechs, Zeepay Ghana, the leading African Challenger Fintech, has acquired a...