{
Remgro Limited

Companies

}

uth africa minister appeals competition tribunal's block of vodacom deal

South Africa’s Minister of Trade, Industry and Competition, Parks Tau, is appealing a decision by the Competition Tribunal that blocked Vodacom Group Ltd.’s $730 million acquisition of a stake in Remgro Ltd.’s fiber businesses. The appeal aims to overturn the ruling and allow the merger to proceed, as indicated in the appeal document reviewed by Bloomberg News.
bloomberg.com
South African Rand Vodacom Group Limited Remgro Limited ZAF Parks Tau
Finance & Economy, News Article
09:34 27.11.2024

south africa blocks vodacom's 745 million fiber acquisition deal

South Africa’s antitrust tribunal has blocked Vodacom Group Ltd.’s $745 million acquisition of a stake in Remgro Ltd.’s fiber businesses. The Competition Commission had previously urged the tribunal to prevent the deal, putting its future in jeopardy.
bloomberg.com
South African Rand Remgro Limited Vodacom Group Limited ZAF
Regulatory & Legal, News Article
11:14 29.10.2024
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