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Name | Symbol | Market | Type |
---|---|---|---|
PT XL Axiata Tbk (PK) | USOTC:PTXKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.166 | -5.28% | 2.98 | 2.83 | 3.09 | 3.024 | 2.98 | 3.024 | 2,598 | 21:01:35 |
By Wong Yi Wei
Warburg Pincus-backed Princeton Digital Group will acquire a 70% stake in the data center portfolio of XL Axiata (EXCL.JK), Indonesia's second largest telecommunications company by subscribers, for an undisclosed sum.
Princeton Digital has also committed to invest $100 million investment in the data centers, a joint statement by the two companies said Wednesday.
XL Axiata owns five data centers in Indonesia, while Singapore-based Princeton Digital is an investor, developer and operator of internet infrastructure.
Write to Wong Yi Wei at yiwei.wong@wsj.com
(END) Dow Jones Newswires
July 03, 2019 05:10 ET (09:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year PT XL Axiata Tbk (PK) Chart |
1 Month PT XL Axiata Tbk (PK) Chart |
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