ZARNet $40 million acquisition of 60% stake in Telecel Zimbabwe

30/11/2016

Private acquisition

Value:

$ 40 million

Status:

Announced

Date:

30/11/2016

Overview:

ZARNet has acquired a 51.9% stake in Telecel International for $40 million from Global Telecom Holding.

Jurisdiction:

Zimbabwe

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firm:

Akin Gump Strauss Hauer & Feld

Party: Global Telecom (Seller)

Lawyer: Lisa Hearn

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