Japanese telecoms operator NTT has launched an offer to buy South African IT firm Dimension Date for about GBP2.1bn or 1.2 pence per share.
NTT said it would finance the acquisition by existing cash resources and loan facilities arranged by the Bank of…
Japanese telecoms operator NTT has launched an offer to buy South African IT firm Dimension Date for about GBP2.1bn or 1.2 pence per share.
NTT said it would finance the acquisition by existing cash resources and loan facilities arranged by the Bank of Tokyo-Mitsubishi UFJ.
Dimension Data is listed on the London stock exchange and the Johannesburg Securities Exchange.
The transaction is expected to close in October.
