By Christelle du Toit, ITWeb senior journalist
Johannesburg, 04 Jul 2008
JSE-listed Huge Group this morning issued a cautionary that it was involved in preliminary talks that could, potentially, affect its share prince.
Corporate advisors Arcay Moela Sponsors this morning said Huge was disclosing confidential information to an undisclosed third party with an eye to future formal negotiations taking place.
If these negotiations were to materialise, they could have an impact on share prices, hence the cautionary.
Related stories:
MTN bid 'not predatory'
MTN scuppers Huge deal
Share