Market Insight

Axiata and Telenor merger is almost official

May 14, 2019  | Subscribers Only

Sivalingam Muniandi Sivalingam Muniandi Senior Research Analyst, Service Providers and Platforms
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On 6th May 2019 Axiata and Telenor - made official statements regarding ongoing merger discussion. The announcement, is clear that the merger plan is still in discussion phase, and there are no certainties that this will lead to a transaction agreement. However, the suspension of Axiata and Digi stock trading indicates that a detail of an offer are pending, with a number of details such as first pass at a valuation of the split agreed.

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