Econet Wireless Zimbabwe Limited proposes to acquire several financial technology businesses from EcoCash Holdings Zimbabwe Limited for a total consideration of ZWL 509 billion, settled through a combination of treasury shares and cash. This scheme of reconstruction aims to consolidate operations and leverage synergies between the mobile network and fintech units, though it is projected to reduce Econet’s proforma net asset value per share from ZWL 699 to ZWL 601.

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