Axiata Accepts the M1 Offer, Exits Non-Strategic Investment to Realise RM1.65 billion in Cash at Premium
Group to utilise proceeds to optimise its capital allocations and balance sheet to support existing operations, capitalise on the momentum…
Will Axiata engage in a bidding war to S$2.50 to buy Singapore telco M1
Last week, SPH and Keppel offered S$2.06 to buy over the remaining shares to be the largest shareholder of M1.…
Axiata is likely to reject Keppel and SPH offer for M1 of S$2.06 per share
Reuters news reports that Malaysia’s Axiata Group Bhd, the largest shareholder of M1 will most likely reject an offer from…