The MTN Group Limited (“MTN Group”) and Investcom LLC (“Investcom”) today announced a landmark deal to create the pre-eminent mobile operator in the emerging markets of Africa and the Middle East. The companies have reached agreement on a transaction through a recommended offer in which the MTN Group will offer to acquire the entire issued share capital of Investcom, which is listed in Dubai and London, for a total consideration of US$5.526 billion (R33.5 billion*).
No related posts.
Editor has written 2125 stories on this site.
Mobile Africa shares news and useful information about mobile communications technology in Africa. It is sponsored by Web4Africa Ltd. Web4Africa offers affordable web services including web hosting, domain name registration, website design and & e-commerce solutions.
