Kaya Biz: Rain forced to withdraw Telkom merger statement
By Zuko Komisa Rain has been forced to withdraw its media announcement of a plan to merge with Telkom after the move was condemned by the Takeover Regulation Panel (TRP) as unlawful. Rain announced a plan to merge with Telkom in a press release on Thursday of last week. The TRP, however, claimed that the media release was made without its consent, in violation of the law. It compelled Rain […]