News Formal

Telkom sells tower business for R6.75 billion

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Telkom is selling its towers and mast business housed within Swiftnet as part of its strategy to unlock value.

The purchaser of the mast and towers business is a consortium made of UK Private Equity Firm Actis and BEE-partner Royal Bafokeng Holdings .The base purchase price of R6.75 billion represents Swiftnet’s value on a debt-free basis and will be subject to other conditions, such as positive adjustments for any cash, negative adjustments from continuing loans from Telkom, and positive or negative adjustments for working capital.

“At the Closing Date, a portion of the Existing Shareholder Loan of up to R225 million may remain outstanding as payable by Swiftnet to Telkom together with applicable interest on the outstanding loan amount until fully settled ,” the group said. Telkom’s board previously said that Telkom’s market capitalisation does not represent its intrinsic value.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 24. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Telkom reportedly in talks to sell tower business to global private equity firmTelkom reportedly in talks to sell tower business to global private equity firm
ソース: News24 - 🏆 4. / 80 続きを読む »