Well, I disagree with your belief that, "MTN management want to get rid of the compnay and are approaching everyone."
Rather, when MTN:Bharti talks came to light, I think it made others start looking at MTN, too.
Of all the other players, I think Etisalat is the one to watch. I think they are watching from the sidelines, waiting to see Bharti's final offer (if one is made), then making a counter offer impossible for Bharti to match.
As a MTN shareholder, I would not mind if the outcome is MTN remaining an independent company. Also as a shareholder, if Bharti does take it out, I would like to know what we would get if it is a cash and stock deal. The only time I have ever held a stock taken-out by a foreign company, it was a totally cash deal (Nestle's purchase of Ralston-Purina).
Obviously, time will tell.
Lynn |
