South Africa’s market regulator looks for signs of Di Data insider trading

By bne IntelliNews August 22, 2010
South Africas market regulator is looking for signs of insidertrading in the days before the USD 3.2bn Dimension Data takeover bid by JapansNTT was announced. A senior official said an investigation has not yet begun.Di Datas Johannesburg-listed shares rose 4.8% over the three days before NTTmade its offer, hitting their highest since 2002, the day before the offer wasmade.

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