Telenor and Axiata enter discussions to merge Asian operations
Oslo, Norway – 6 May (NsNewsWire) — Telenor Group and Axiata Group Berhad are in discussions regarding a potential non-cash combination of their telecom and infrastructure assets in Asia (MergeCo), in which Telenor would take a majority stake. It is anticipated that Telenor, based on equity value, will own 56.5% in MergeCo and Axiata will […]
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