MTN Group Ends Talks on Telkom SA SOC Takeover -- Update
19 10월 2022 - 7:22PM
Dow Jones News
By Kyle Morris
Telkom SA SOC Ltd. said Wednesday that MTN Group Ltd. has ended
talks on a deal for a takeover as Telkom wasn't in a position to
provide assurances around exclusivity.
South Africa-based telecommunications group MTN Group later
confirmed that discussions had ended.
"After extensive engagements and deliberations between the
parties, shareholders are advised that the discussions regarding
the Proposed Transaction have terminated, as the parties were
unable to reach agreement to their mutual satisfaction on the
process going forward," MTN Group said.
On July 15, MTN Group said it was in discussions to buy its peer
Telkom SA SOC Ltd.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
October 19, 2022 06:07 ET (10:07 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
MTN (PK) (USOTC:MTNOY)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
MTN (PK) (USOTC:MTNOY)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
MTN Group Ltd (PK) (OTC 시장)의 실시간 뉴스: 최근 기사 0
More MTN Group Ltd (PK) News Articles