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Axiata and Telenor merger still on, commercial aspect 90% done | SoyaCincau.com

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Axiata and Telenor merger still on, commercial aspect 90% done

suggested that the merger between Telenor and Axiata has hit a snag, Axiata Group Bhd president and group chief executive officer Tan Sri Jamaludin Ibrahim has reassured the public that a deal is still very much in the works. With due due diligence for the potential merger 70% done, he predicted that talks should conclude by November of 2019.

“This is the single biggest M&A in 20 years in the whole region, except North Asia. This is huge, unheard of. It’s not about problems, it’s about complexity.”

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