Vodacom in Talks With Neotel to Revise Structure of PurchaseBy
Has until Dec. 7 to tell Competition Tribunal if deal proceeds
Acquisition opposed by South African competitors such as MTN
Vodacom Group Ltd., the South African unit of Vodafone Group Plc, said it’s talking to Neotel Pty Ltd. about restructuring a proposed 7 billion-rand ($499 million) takeover of the Internet provider and will have two weeks to tell the Competition Tribunal whether the deal will go ahead.
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