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MTN Group plans sale and leaseback of part of South African tower portfolio
2020-12-10 09:57:00| Telecompaper Headlines
(Telecompaper) MTN Group is looking to sell and lease back part of its portfolio of 13,000 South African telecom towers, Bloomberg reported. It said this is a sign that new CEO Ralph Mupita seeks to build on a disposal plan begun by his predecessor. Mupita said MTN is considering the strategic and financial merits of the plan, which would build on similar transactions MTN has completed in countries such as Ghana and Uganda.
Online retailer The Hut Group plans 4.5bn listing
2020-08-27 09:31:06| BBC News | Business | UK Edition
The move by the owner of the Lookfantasic and Illamasqua brands could land its founder a 700m windfall.
Tags: online
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MTN Group revenue rises 9% in H1, announces plans to exit Middle East
2020-08-06 09:20:00| Telecompaper Headlines
(Telecompaper) MTN Group reported service revenue growth of 9.4 percent to ZAR 80 billion in the first six months to 30 June, and EBITDA up 10.9 percent year-on-year to ZAR 42 billion, as efficiency initiatives drove improvement in margins. The South Africa-based mobile operator also said it plans to exit the Middle East over the medium term to focus on Africa and is in advanced talks to sell its majority stake in MTN Syria.
Colorado Group Drops Plans for Anti-fracking Ballot Measure
2020-06-11 11:10:00| OGI
The group's decision comes as the U.S. oil industry is scaling back drilling due to record inventories, falling demand and low oil prices amid the pandemic.
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Campari Group makes Champagne move with plans to buy Lallier - just-drinks comment
2020-04-17 18:44:00| Daily beverage news and comment - from just-drinks.com
Campari Group is looking to be the first Italian company to control a Champagne brand with talks kicking off to buy into Champagne Lallier.