Corporate News

Minimal impact on Axiata from reduced stake

The mobile telecommunications company will still own a controlling stake in XL once the deal is completed.

PETALING JAYA: The impact of Axiata Group Bhd’s trimming its stake in Indonesia-listed XL Axiata (XL) is expected to be minimal.

The mobile telecommunications company will still own a controlling stake in XL once the deal is completed.

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Axiata reduced stake , XL , telecommunication company , mobile , controlling stake ,

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