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Telkom shareholders green light masts, towers deal

By:  
Creamer Media Senior Deputy Editor
 
MERGERS & ACQUISITIONS
JSE-listed Telkom’s shareholders have approved the proposed R6.75-billion sale of its masts and towers infrastructure subsidiary Swiftnet to a consortium. The consortium comprises infrastructure fund Actis Ohio Fund managed by Actis and an infrastructure vehicle 100% owned by Royal Bafokeng Holdings.
 
 
 
 
 

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