News Formal

Business Maverick: MTN Taps JPMorgan to Separate Fintech Unit

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 84%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

MTN Group Ltd., Africa’s largest phone company, is working with advisers at JPMorgan Chase & Co. on the planned separation of its financial technology business, people with knowledge of the matter said.

MTN is studying a variety of potential deals, including bringing in partners for some of its businesses as well as possibly listing certain units in the future, to unlock value and pay down debt. The carrier is also exploring options for its data center business, the people said, asking not to be identified because the information is private.

The telecom carrier is separately working with FTI Consulting Inc. to find ways to boost revenues from its wholesale business and roaming agreements across the markets where it operates, one of the people said. Shares of MTN have roughly doubled in Johannesburg over the past 12 months, giving the company a valuation of about $22.3 billion. Deliberations are ongoing, and there’s no certainty they will lead to any transactions, the people said.MTN said in 2020 it targets to raise 25 billion rand from asset disposals over the medium term. It agreed in November to sell a portfolio of wireless towers in its home market of South Africa for 6.4 billion rand.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business Maverick: Shopify’s 50% Slump Proves That It’s No AmazonShopify Inc. has been called “Amazon Junior.” Those shoes are proving too big to fill. I don't trade for my self, but have earn a living and extra cash from trading with the help of stephinieweller she has always been of help to me and some other friends and family people are engaging with her everyday with good reviews wow, send her a dm to get started already
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

BUSINESS MAVERICK: Cartoon Tuesday with RicoDefend Truth
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

Business Maverick: U.S. Sees Rising Risk in ‘Breathtaking’ China Nuclear ExpansionChina’s “breathtaking expansion” of its strategic and nuclear arsenal is a quickly escalating risk for the U.S., the head of U.S. Strategic Command plans to tell lawmakers at a closed-door hearing on Tuesday.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »