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Cell C rejects Telkom South Africa's takeover bid

Friday 29 November 2019 | 11:31 CET | News
Telkom South Africa said Cell C board has rejected its takeover bid and so Telkom has withdrawn its cautionary trading announcement. Telkom told shareholders it had received written notice from the Cell C board of directors rejecting its non-binding proposal.

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Categories: Mobile & Wireless
Companies: Blue Label Telecoms / Cell C / Telkom
Countries: South Africa
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