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There is no confirmation from Bharti or MTN on whether the talks would be extended or not. The government also said it has not received any proposal from either Bharti or MTN. "Our officials had some discussions with the South African authorities. They...
Tags: Bharti Airtel, MTN, exclusive talks, South Africa, India, mtn deal, south african, Mumbai
Asked whether his ministry would step into the deal between Airtel and MTN, he said the government would welcome the deal if it happened in compliance with the "law of the land". "There are certain legal implications which are now being examined (by the...
Tags: dual listing, mtn deal, South African Reserve Bank, Reserve Bank of India, MTN, Sebi, Finance Ministry, Bharti Airtel, South Africa, Cape Town
Not surprisingly, Bharti’s complex merger-like deal with South Africa’s MTN is yet to see the finish mark. South Africa’s treasury and banking officials will be meeting Finance Ministry officials from Tuesday to discuss various legal and regulatory issues...
Tags: Bharti Airtel, MTN, Bharti Enterprises, India, mtn deal, South Africa, proposed deal, south african, Navy, dual listing, New Delhi
South African telecom giant MTN collapsed on Friday night, a day after RIL, headed by Mukesh Ambani, initiated the arbitration process against younger brother Anil's group firm...South African MTN for a possible merger, declined to comment on Friday on...
Tags: MTN, Reliance Communications, south african, anil ambanis, giant mtn, african telecom, regulatory issues, mtn deal, India, RIL
With Anil Ambani moving closer to bagging MTN, elder brother Mukesh has upped the ante...MTN till July 8, after which the South African telecom major will be free to talk to other bidders...But RIL's latest move could derail the deal and push the process...
Tags: MTN Group Ltd., Reliance Communications Ltd., RIL, Anil Ambani, Anil Ambani Group, Reliance ADAG, Reliance Firms Still Feud, Reliance Industries, invited rcom, mtn deal
In seven days, negotiations and due diligence between Reliance Communications and South Africa�s MTN Group for a �potential combination of their businesses� will end. And even as the 45-day period for �exclusive negotiations� ends, stock market...