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Name | Symbol | Market | Type |
---|---|---|---|
Telenor ASA (QX) | USOTC:TELNY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.19 | 1.60% | 12.03 | 11.90 | 12.20 | 12.04 | 11.8907 | 11.98 | 41,168 | 21:00:52 |
-- Axiata Group has attracted preliminary expressions of interests for a potential takeover of its Edotco Group unit ahead of a merger with Norway-based Telenor ASA's Asian operations, Bloomberg reports, citing people with knowledge of the matter.
-- Edotco could be valued as much as US$3 billion in the deal, Bloomberg reports.
-- The informal approaches have not led to any detailed discussions and Axiata will continue to conduct due diligence on the proposed deal with Telenor, according to Bloomberg's sources.
-- A representative for Axiata's declined to comment on a possible deal involving Edotco.
Full story: https://www.bloomberg.com/news/articles/2019-08-17/axiata-s-3-billion-tower-arm-is-said-to-draw-takeover-interest
Write to Singapore editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
August 18, 2019 23:41 ET (03:41 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Telenor ASA (QX) Chart |
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