Tag: sale
Stanchart to sell 5 sub-Saharan Africa operations to Access Bank
Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in five sub-Saharan African countries to Nigeria's Access Bank, putting...
Telkom rejects former CEO’s team’s offer to purchase company
Telkom’s board has rejected a proposal from a consortium that includes its former group CEO, Sipho Maseko, saying it’s “not in the best interest of shareholders”.The...
MTN in talks to sell West African operations to Axian, Ghana...
MTN Group is in advanced talks with Axian Group to sell some of its West African markets, according to people familiar with the matter,...
Blackberry reaches deal to sell patents for $900 million
BlackBerry has agreed to sell 32,000 patents and applications mostly relating to its defunct mobile phone business to a newly-formed division of IP company...
Musk deal to buy Twitter gets board approval
Twitter’s board of directors have unanimously recommended that shareholders approve the proposed $44 billion sale of the company to billionaire Elon Musk, according to...
MTN values Mobile Money wing at US$6 billion
MTN Group President and CEO Ralph Mupita has said that the company values its mobile money (MoMo) unit, including Ghana, at between US$5 billion...
Dutch telecom giant, KPN in line for US$15 billion sale
Reports have it that Dutch telecoms giant KPN is on sale for over US$15 billion and two private equity companies are reportedly teaming up...
MTN still committed to selling 75% stake in Syria operations
MTN Group has restated it was still pushing to sell its 75 per cent stake in its subsidiary in Syria, despite the unit being placed...
MTN Group to sell-off its 20% shares in BICS for $121...
South Africa’s MTN Group is selling off its 20% shareholding in Belgacom International Carrier Services SA (BICS) to Belgian state-controlled telecoms firm, Proximus for...
Vodafone ends talks with STC over Egypt sale
Vodafone Group has terminated talks with STC over the sale of its 55 per cent stake in its business in Egypt, following a series...