Neotel and Vodacom Transaction
Tata Communications Ltd has informed BSE that:"Tata Communications had earlier informed you about the agreement arrived at between the shareholders of Neotel (Tata Communications subsidiary in South Africa) and Vodacom SA for the latter to acquire 100 per cent of the shares of Neotel valued at an enterprise value of ZAR 7.0 billion. Neotels shareholders are now in discussions with Vodacom South Africa regarding a revised transaction structure....23-11-2015