JAKARTA: Indonesia’s PT XL Axiata will fund its planned US$865mil acquisition of mobile phone operator PT Axis Telekom Indonesia with loans from shareholders and financial institutions.
Shareholders will provide US$500mil while financial institutions will provide US$365mil.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
