9mobile takeover looms as advisers evaluate bids —Report

9mobile takeover looms as advisers evaluate bids —Report

Barclays Africa is examining takeover bids from five prospective buyers for debt-laden 9mobile, two banking sources have said. They, however, said that a deal might take a few months as it would involve restructuring the company’s debt after a default last year. Barclays Africa, appointed by local banks to try to find new investors for […]
Source: 9mobile takeover looms as advisers evaluate bids —Report

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