Vodacom, Remgro Head Toward $743 Million Fiber-Deal Approval
12 Articles
12 Articles
Vodacom, Maziv fibre merger gets green light
The Competition Commission has reached an agreement with Vodacom and Maziv on the revised conditions that will remedy competition concerns in fibre infrastructure, paving the way for the merger of the two businesses.
Vodacom, Remgro Head Toward $743 Million Fiber-Deal Approval
South Africa’s anti-trust watchdog will not oppose the 13.2 billion rand ($743 million) fiber transaction between Vodacom Group Ltd. and Remgro Ltd. at the Competition Appeal Court, increasing chances that the deal will go ahead.
Competition Tribunal greenlights Vodacom–Maziv merger under strict oversight - Innovation Village | Technology, Product Reviews, Business
In a significant regulatory reversal, South Africa’s Competition Tribunal has conditionally approved Vodacom’s R13.2 billion acquisition of a minority stake in Maziv, the parent company of Dark Fibre Africa (DFA) and Vumatel. The deal, previously blocked in 2024 due to competition concerns, will now proceed under a stringent set of behavioural and investment-related conditions designed to safeguard market fairness. The approval allows Vodacom to…
Vodacom/Maziv deal clears Competition Commission
The Competition Commission has reached an agreement with Vodacom and Maziv (Business Venture Investments no 2213) on revised conditions that substantially remedy the competition concerns raised by the Commission in its recommendation to the Competition Tribunal that the Vodacom/Maziv merger be prohibited. The new agreement follows engagements between the Commission and the merger parties to remedy the deficiencies in the previous conditions iden…
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