Axiata and Telenor merger is almost official
May 14, 2019
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.