RM551mil stake buy


Tower buy: Axiata says the acquisition of the 75 Myanmar Tower stake is based on an enterprise value of US221mil on a cash-free and debt-free basis. — Bloomberg

Axiata to pay cash for 75% of Myanmar Tower Company

PETALING JAYA: Axiata Group Bhd is acquiring a 75% stake in Myanmar Tower Company for RM551.3mil (US$125mil) cash.

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Business , Axiata , Myanmar , telco

   

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