valuation - eriinfo

Optasia targets up to R23-billion valuation in JSE debut

eriinfo.com8 months ago05 mins

Optasia’s plans to list on the JSE could see the company valued at up to R23.5-billion in its public market debut. In a pre-listing statement on Monday, Optasia, whose backers include investor Michael Jordaan, outlined its intention to price its initial share offer at between R15.50 and R19/share. The number of shares on offer will…

Vodacom fibre play pushes Maziv valuation above Telkom’s

eriinfo.com11 months ago04 mins

Vodacom’s proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to R36-billion after agreeing revised terms on Friday. That would make Maziv, which owns fibre companies Vumatel and Dark Fibre Africa, worth more than R7-billion more than Telkom, which closed on Friday on the JSE with…