Telkom to join forces with South African gov’t following Sipho Maseko’s multimillion-dollar bid
The recent developments come after Maseko, through his firm Afrifund Investments, made a bold bid to acquire a 35-percent stake in Telkom.
Telkom
South African tycoon Sipho Maseko hits roadblock as Telkom rejects latest bid
Last week, Maseko supported by the Public Investment Corporation, presented a bold bid to acquire a 35-percent stake in Telkom.
South African tycoon Sipho Maseko locks in $608 million to acquire Telkom stake
Maseko secures $608 million in financing for a game-changing Telkom stake acquisition.