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Vodacell wishes to acquire NTN cell. The takeover is a hostile takeover by Vodacell, as NTN shares have been dropping significantly due to a fraudulent
Vodacell wishes to acquire NTN cell. The takeover is a hostile takeover by Vodacell, as NTN shares have been dropping significantly due to a fraudulent contract that NTN signed up using unregistered simcards. The take-over will take place through an issue of shares in Vodacell. The following information is also available: The Earnings Per Share for Vodacell and NTN is R4.00 and R4,50 respectively. The market value per a share for Vodacell and NTN is R12.00 and R30.00 respectively. The number of shares in issue for Vodacell and NTN is 5 000 000 and 400 000 respectively. The synergies that Vodacell will benefit from is valued at R1 600 000 if they merge with NTN
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