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AccessKenya takeover offer at 14/=
Hunderwear
#1 Posted : Monday, May 06, 2013 4:35:40 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
#CORPORATENEWS
DimensionDataPlc offers to acquire #AccessKenya
 for KES3.05B; to buy 100% of issued share for KES14 ; Friday closed KES9.854:04pm - 6 May 13

Source Twirer...somebody confirm
uchumi
#2 Posted : Monday, May 06, 2013 4:56:48 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
RIEF-Dimension Data makes R326.4M offer for Accesskenya

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JOHANNESBURG | Mon May 6, 2013 9:12am EDT

May 6 (Reuters) - AccessKenya Group Ltd : * Dimension Data makes kes3.05b (R326.4M) offer to acquire nse-listed

Accesskenya * Dimension data says offers kes14.00 (R1.50) per share, is a premium of 42%
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
uchumi
#3 Posted : Monday, May 06, 2013 4:58:51 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
it is a fact
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
hisah
#4 Posted : Monday, May 06, 2013 5:09:50 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.reuters.com/a...ef-idUSWEB004JN20130506

Quote:
Dimension Data makes kes3.05b (R326.4M) offer to acquire nse-listed Accesskenya. Dimension data says offers kes14.00 (R1.50) per share, is a premium of 42%.


The fireworks tomorrow...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
jerry
#5 Posted : Monday, May 06, 2013 5:15:39 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
uchumi wrote:
it is a fact

Was there a rumour?
The opposite of courage is not cowardice, it's conformity.
King G
#6 Posted : Monday, May 06, 2013 5:22:02 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
am on the edge on this onePray
Thieves
muganda
#7 Posted : Monday, May 06, 2013 5:28:01 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Our market is quite porous, evidently this information got out much earlier; else how would you explain stratospheric rise?

You have to give it to trade master @alykhansatchu always in on the news. I wonder whether he's allowed to profit from his relationships or he's treated as an insider...
http://www.rich.co.ke/media/doc...utionary%20statement.pdf smile
Gordon Gekko
#8 Posted : Monday, May 06, 2013 5:36:21 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I knew there was a takeover in the works, but thought it was Vodafone, not Dimension Data. If I'm not wrong DD already owns a local ISP whose name I cant recall, so where is the value proposition? I will still sell my meagre shares.
dunkang
#9 Posted : Monday, May 06, 2013 5:45:08 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Will the deal end well?

I remember the Somens sometimes ago said, 'let them make an offer when the share price hits 20'.
Receive with simplicity everything that happens to you.” ― Rashi

Cde Monomotapa
#10 Posted : Monday, May 06, 2013 5:57:55 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
http://www.reuters.com/article/2013/05/06/accesskenya-brief-idUSWEB004JN20130506

Quote:
Dimension Data makes kes3.05b (R326.4M) offer to acquire nse-listed Accesskenya. Dimension data says offers kes14.00 (R1.50) per share, is a premium of 42%.


The fireworks tomorrow...

#BUZZER# Suspension
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