Axiata shares up as Telenor merger talks fall through | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Axiata shares up as Telenor merger talks fall through

The Axiata headquarters building is seen in Kuala Lumpur May 28, 2014. — Reuters pic

As at 4pm, the counter, which has a weighting of 4.84 points on the FTSE Bursa Malaysia KLCI, rose 11 sen to RM4.88 with 1.83 million shares changing hands. However, it said, due to “some complexities” involved in the proposed transaction, the parties had mutually agreed to end the discussions.Meanwhile, DiGi’s shares on Bursa Malaysia were traded slightly lower as at 4pm, declining one sen to RM4.89, with 1.83 million shares transacted.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Axiata and Telenor call off merger deal | Malay MailKUALA LUMPUR, Sept 6 — Axiata Group Bhd and Telenor ASA have mutually agreed to end the discussions on the proposed merger of their telecom and infrastructure assets in Asia. In a statement today, Axiata said in the last four months, both parties have been performing their due diligence and...
Source: malaymail - 🏆 1. / 86 Read more »

Axiata and Telenor call off merger plans | SoyaCincau.comAxiata has officially announced that the proposed merger between Axiata and Telenor is officially off. Both parties have agreed to end discussions regarding a non-cash combination of their telecom and infrastructure assets in Asia. According to the statement, both parties have mutually agreed to end the discussions due to some complexities. The two telecommunications giants …
Source: Soya_Cincau - 🏆 16. / 55 Read more »

Axiata, Telenor call off merger planTelenor cites 'complexities” as the reason for the halt. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

Axiata and Telenor call off merger deal | Malay MailKUALA LUMPUR, Sept 6 — Axiata Group Bhd and Telenor ASA have mutually agreed to end the discussions on the proposed merger of their telecom and infrastructure assets in Asia. In a statement today, Axiata said in the last four months, both parties have been performing their due diligence and...
Source: malaymail - 🏆 1. / 86 Read more »

Axiata and Telenor call off merger plans | SoyaCincau.comAxiata has officially announced that the proposed merger between Axiata and Telenor is officially off. Both parties have agreed to end discussions regarding a non-cash combination of their telecom and infrastructure assets in Asia. According to the statement, both parties have mutually agreed to end the discussions due to some complexities. The two telecommunications giants …
Source: Soya_Cincau - 🏆 16. / 55 Read more »