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Four foreign firms bid to acquire 50% of NetOne - report

2018-08-14 09:29:00| Telecompaper Headlines

(Telecompaper) Four foreign firms, including a US-funded Lebanese consortium and a South African telecommunications giant, are jostling to acquire between 45 percent and 50 percent of Zimbabwe's NetOne, The Independent reported, citing sources. According to the newspaper, other suitors are an UAE-based firm and group of investors in the diaspora. Insiders with details of the deal say the potential investors had shown a willingness to clean up NetOne's balance sheet and inject fresh capital into the state-run entity.

Tags: report foreign bid firms

 

US pushes back on foreign takeover deals

2018-08-13 23:11:09| BBC News | Business | UK Edition

The US has strengthened its power to review and block business deals, with an eye to China.

Tags: back deals foreign takeover

 
 

UK eyes new powers to block foreign takeover deals

2018-07-23 21:31:06| BBC News | Business | UK Edition

Proposed new rules will mean any takeover deal could be investigated by the government.

Tags: eyes deals foreign block

 

Filipino President seeks foreign and domestic investors to form third telco

2018-07-23 02:00:00| Total Telecom industry news

Filipino President Rodrigo Duterte has said that his bid to launch a third telco in the country would be "open to all interested parties, both foreign and local". President Duterte has long courted China Mobile as his favoured international player…read more on TotalTele.com »

Tags: form president foreign domestic

 

Foreign Direct Investment Slows in India

2018-07-06 15:54:00| Nonwovens Industry Breaking News

country struggles to attract fresh foreign capital

Tags: direct india foreign investment

 

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