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IT

Dimension Data mulls buy-out from NTT - report

Monday 18 March 2019 | 09:15 CET | News
Dimension Data's management is considering a buyout of some of its operations from its owner, Nippon Telegraph & Telephone, Bloomberg reported, citing unnamed sources familiar with the matter. The South African company's executives are approaching lenders and investors to raise cash for a possible deal for its African and Middle East operations, which could be valued at about USD 800 million, said the people, asking not to be identified because the deliberations are confidential. 

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Categories: IT
Companies: Dimension Data / Internet Solutions / NTT
Countries: South Africa
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