Thursday, June 28, 2007

Cell C says ends buyout talks

(Reuters) - Shareholders in South Africa's Cell C have decided not to proceed with the sale of the company, the mobile phone group said on Thursday.

"The shareholders have taken the decision not to proceed with the sale of Cell C and to stop discussions with unsolicited parties about the sale of Cell C," Chief Executive Officer Jeffrey Hedberg said.


Read more at Reuters Africa

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