Tag: merger
African e-commerce startups Wasoko and MaxAB merge
Two of Africa’s most prominent e-commerce companies, Wasoko and MaxAB, announced today that they have signed preliminary merger terms to join together as a...
SolarAfrica, Starsight Energy complete merger, create leading Pan-African renewable energy player
SolarAfrica Energy and Starsight Energy have announced the successful completion of their business merger into the leading pan-African clean energy solutions provider.
A joint statement...
Vodafone, 3 UK finally merge
Vodafone Group and CK Hutchison confirmed a long-mooted merger of their UK telecoms businesses following more than eight months of talks, in a proposed...
Glo scratch cards rendered invalid; customers, STAFF left stranded
Glo customers in Ghana are now unable to load airtime from Glo recharge cards because the cards have been rendered invalid without prior notice...
MTN hints it could quit Telkom talks over Rain flirtation
It appears Telkom’s apparent willingness to engage with Rain about a possible deal could harm its merger talks with MTN Group.
MTN issued a curiously worded...
Telkom receives formal proposal from Rain
South African internet service provider Rain has formally made a non-binding proposal to Telkom South Africa that would see the latter acquire the former...
MTN talks remain on track – Telkom
Telkom on Friday finally issued a statement to investors via the JSE’s stock exchange news service after Rain on Thursday said it planned to approach...
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...
Rain accused of flouting regulations in Telkom merger announcement
The South African Takeover Regulation Panel (TRP) has accused Rain of flouting companies regulations in announcing its plan to approach Telkom’s board about a...
Rain proposes merger with Telkom, rivals MTN deal
South African mobile network operator Rain has formally requested to present the Telkom board with a proposal to merge the two companies.Â
The reason is...