Canadian multinational conglomerate Rektron Group Incorporated has reaffirmed its intention to acquire a controlling 60% equity stake in AT Ghana Limited for $150 million, unveiling what it describes as a comprehensive and independently validated blueprint to save the financially distressed telecom operator.Ghana Tourism Guide
The announcement, reiterated by Rektron’s Chief Executive Officer, Atanas Kolarov, positions the group as the strategic investor Ghana has been seeking to rescue AT Ghana, a company burdened with over $150 million in debt and struggling to maintain its market relevance.
Rektron’s $150 million represents the initial offer to acquire the proposed 60% equity stake, with additional capital planned for injection into AT following the completion of this initial funding.
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Source:Lovinghananews.com
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