https://www.engineeringnews.co.za

BCX shareholders to vote on Telkom deal

BCX shareholders to vote on Telkom deal

Photo by Bloomberg

11th July 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

Telecommunication giant Telkom’s R2.67-billion bid for JSE-listed Business Connexion (BCX) resumed on Friday as a date for the shareholder vote was set.

A general shareholder meeting would be held at BCX’s offices in Midrand on August 11.

Following the death of the information and communications technology service provider’s CEO, Benjamin Mophatlane, a month ago, the Takeover Regulation Panel granted the parties an extension until July 11 to convene a shareholder meeting seeking approval for the deal.

Last month, Telkom CEO Sipho Maseko said talks were suspended for a month to give the industry and stakeholders space to grieve.

Maseko and his team were meeting with Mophatlane when he suffered a heart attack.

Edited by Creamer Media Reporter

Comments

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.108 0.163s - 157pq - 2rq
Subscribe Now