KUALA LUMPUR: Axiata Group Bhd and its Indonesian unit XL Axiata are proposing to acquire a 66.03% stake in PT Link Net Tbk for RM2.55bil.
In a joint statement yesterday, Axiata and XL Axiata said they had signed a conditional share purchase agreement to acquire PT Link Net from Asia Link Dewa Pte Ltd (ALD) and PT First Media Tbk (FM).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!