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Wal-Mart may scale back bid, keep Massmart listed
/CHICAGO (Reuters) - Wal-Mart Stores Inc, the world's biggest retailer, may scale back its $4 billion takeover bid for Massmart and buy a more than 50 percent stake instead, a move that could keep the South African firm listed in Johannesburg. The change follows consultations with "major Massmart shareholders and key South African stakeholders," Massmart said in a statement on Thursday, which did
/CHICAGO (Reuters) - Wal-Mart Stores Inc, the world's biggest retailer, may scale back its $4 billion takeover bid for Massmart and buy a more than 50 percent stake instead, a move that could keep the South African firm listed in Johannesburg. The change follows consultations with "major Massmart shareholders and key South African stakeholders," Massmart said in a statement on Thursday, which did
Wal-Mart may scale back bid, keep Massmart listed
/CHICAGO (Reuters) - Wal-Mart
China Mobile CEO mulls buyout in Africa
China Mobile, the world’s largest mobile-phone carrier, is looking for acquisitions in Africa but does not have any targets at the moment, its chief executive told Reuters on Saturday.
China Mobile, the world’s largest mobile-phone carrier, is looking for acquisitions in Africa but does not have any targets at the moment, its chief executive told Reuters on Saturday.
Bharti buys Zain Africa for $10 bn
Bharti Airtel, the country’s largest mobile telecom service provider, today announced completion of its deal to acquire the African assets of Kuwait’s biggest phone company, Mobile
Bharti may raise offer to control MTN
India's Bharti Airtel Ltd is considering raising its offer to around 175 South African rand ($22.63) a share for control of mobile operator MTN Group Ltd, the Asian Wall Street Journal said on Monday.
India's Bharti Airtel Ltd is considering raising its offer to around 175 South African rand ($22.63) a share for control of mobile operator MTN Group Ltd, the Asian Wall Street Journal said on Monday.
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