Rain’s Telkom merger announcement declared illegal

  • 📰 ITWeb
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

ประเทศไทย ข่าว ข่าว

Data-only network Rain is taking legal advice over its controversial proposal to merge with telephony group Telkom. M&A TakeoverRegulationPanel

Data-only network Rain is taking legal advice over its controversial proposal to merge with telephony group Telkom.to make a formal request for a merger with Telkom.with MTN, which wants to take over the telephony company.

In a statement yesterday, the TRP says it has noted and expressed “grave” concerns regarding Rain’s potential offer to merge with Telkom. The panel is established in terms of Section 196 of the Companies Act as a juristic person. It reports to the minister of trade, industry and competition. It functions as an organ of state within the public administration, but as an institution outside the public service.

“Accordingly, the publication of the announcement by Rain is unlawful, and Rain has been instructed to retract the announcement. In the circumstances, all parties and the market are advised to disregard the announcement.”

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 45. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Rain ordered to retract proposed Telkom merger announcementThe Takeover Regulation Panel has instructed Rain to retract a statement announcing its proposed merger with Telkom. the party ended before the party packs were even out. MichaelJordaan 👀🍿 My excitement aged like milk that's for sure
แหล่ง: mybroadband - 🏆 11. / 67 อ่านเพิ่มเติม »

Rain proposes merger with TelkomRain proposes merger with Telkom: Data network provider Rain said on Thursday it had made a formal request to present the board of Telkom with a merger proposal to combine the two businesses. They both have a horrible network record. Stop selling Sauth African company's to European's or Americans please stop,let MTNza take over TelkomZA
แหล่ง: SABreakingNews - 🏆 41. / 51 อ่านเพิ่มเติม »

Rain proposes merger with TelkomData network provider Rain said on Thursday it had made a formal request to present the board of Telkom with a merger proposal to combine the two businesses. they both offer terrible internet connections 🥱
แหล่ง: SowetanLIVE - 🏆 13. / 63 อ่านเพิ่มเติม »

Rain proposes merger with TelkomData network provider Rain said on Thursday it had made a formal request to present the board of Telkom with a merger proposal to combine the two businesses. Wow
แหล่ง: SowetanLIVE - 🏆 13. / 63 อ่านเพิ่มเติม »