STANDARD BANK ACTS AS ADVISOR AND FACILITATES FUNDING FOR R11.5 BILLION FIBRE DEAL OF THE DECADE IN VODACOM-MAZIV JOINT VENTURE
Standard Bank, Africa’s biggest bank by assets, has announced the financial close of a R11.5 billion deal that sees Vodacom, the biggest telecommunications company in South Africa by subscribers, acquire a 30% stake in Maziv, the owner of Dark Fibre Africa and Vumatel, in a new single fibre-providing entity. Standard Bank Corporate and Investment Banking (CIB) was…

