Brief: Net 1 UEPS Receives Unconditional Approval From Competition Tribunal To Acquire Controlling Stake In Dni
21/06/2018 14:02
June 21 (Reuters) - Net 1 UEPS Technologies Inc UEPS.O :
* NET1 RECEIVES UNCONDITIONAL APPROVAL FROM COMPETITION
TRIBUNAL
TO ACQUIRE CONTROLLING STAKE IN DNI
* GOT UNCONDITIONAL APPROVAL FROM COMPETITION TRIBUNAL TO
INCREASE
ITS STAKE IN DNI-4PL CONTRACTS (PTY) LTD FROM 49% TO 55%
* TRANSACTION IS NOW UNCONDITIONAL AND NET1 EXPECTS
TRANSACTION TO
CLOSE ON OR BEFORE JUNE 29, 2018
Source text for Eikon: ID:nJseU0029a
Further company coverage: UEPS.O
(Reuters.Briefs@thomsonreuters.com)
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