Net1 gets nod to buy payment platform Connect Group in R3.7bn deal
Competition authorities in SA, Botswana and Namibia have approved the transaction
11 March 2022 - 09:16
Financial services and technology group Net1 has secured regulatory approvals to acquire payments platform Connect Group in a R3.7bn deal that will expand its footprint in the micro, small and medium enterprises sector in Southern Africa.
Competition authorities in SA, Botswana and Namibia have approved the transaction, Net1 said on Friday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.