News Formal

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

  • 📰 Soya_Cincau
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 55%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.”

 

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

 /  🏆 16. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Axiata says merger plan with Norway's Telenor on trackAxiata says there will be 'generally no change' to the shareholding structure of the deal or to top management appointments. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

Telenor merger talks on track, says Axiata CEO | The Malaysian InsightLengthy negotiations due to breadth of issues to be covered.
Source: msianinsight - 🏆 8. / 63 Read more »