
South Africa's Telkom confirms takeover bid from former CEO
Telkom was linked with a potential mergers with MTN and Rain last year
Telkom was linked with a potential mergers with MTN and Rain last year
A suitable transaction wasn't possible according to Telkom
Rain's persistence dampens MTN's interest
Rain's interest in being acquired by Telkom has clouded a straightforward deal
Rain wants to be acquired by Telkom, potentially scuppering MTN's plans to buy Telkom
Domestic rival Rain has also been interested in a Telkom takeover
The regulation panel opposes Rain's request to merge with domestic rival Telkom