News Formal

COMPANIES: Telkom shares soar after board confirms offer from consortium led by former CEO Sipho Maseko

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 84%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Telkom’s shares have been battered in recent months because the company faces serious financial problems. However, Telkom’s shares jumped significantly after the company told shareholders that it is considering an offer from a consortium led by former ...

Telkom recently warned shareholders that it will pencil in a decline of at least 85% in its profits for the year ending March 2023.

Telkom recently warned shareholders that it will pencil in a decline of at least 85% in its profits for the year ending March 2023
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Telkom shares soar as Sipho Maseko’s acquisition bid confirmedTelkom’s share price soared close to 8% on Monday morning after the partly state-owned company’s confirmation that it is being courted for acquisition by a consortium led by former chief executive Sipho Maseko.
Source: mailandguardian - 🏆 2. / 92 Read more »