another buyer ?

[SimonPB]

CAIRO, May 12 (Reuters) - The UAE's Emirates Telecommunications Corp. (Etisalat) is evaluating South Africa's MTN as an acquisition candidate as part of a drive to expand in Africa, it chairman said on Monday.

"We are always looking for expansion in Africa," Etisalat Chairman Mohammed Omran told reporters at a telecom conference in Cairo. "We are evaluating MTN among other companies." (Reporting by Wael Gamal)

[Skyhawk]

It seems there is more interest.......the plot thickens. Where to now?

[swordfish]

check this out on mtn. http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=206460&sn=Detail

[Shaun_Siddall]

There may be an offical bid by the end of the week anywhere from 165 -175 but i dont there will be deal until it reaches 200-220?

[#5]

and after yesterdays approval of MTN by Simon on CNBC, whats happened, or more like whats not happened?

[SimonPB]

dug lol, seems I don't move markets .

[WR]

Remeber the time when the CEO borrowed R350m to buys shares when it was R70 and we thought he was crazy. Either the bids are true or this is a plot to dolly up the share price so that debt can be repayed.