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Broadband

South Africa watchdog approves Afrihost deal to buy Cool Ideas

Friday 20 August 2021 | 10:17 CET | News
South Africa's Competition Commission has unconditionally approved the merger of Afrihost and Cool Ideas, saying the proposed transaction is unlikely to result in a substantial prevention or lessening of competition in any relevant markets. It found no public interest concerns, either. In June, Afrihost and Cool Ideas said they had concluded a deal in which Afrihost would buy a majority stake in Cool Ideas. 

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Categories: Fixed
Companies: Afrihost / Cool Ideas
Countries: South Africa
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