The transaction, which sources last year told Reuters would form a company with an enterprise value of $15 billion, is expected to close by the end of 2022.
(Reporting by Terje Solsvik, editing by Stine Jacobsen)
End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
2.69 MYR | -3.24% | -4.61% | +13.03% |
OSLO (Reuters) - Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have received clearance from the Securities Commission Malaysia for the proposed merger of their local units, Telenor said on Thursday.
The transaction, which sources last year told Reuters would form a company with an enterprise value of $15 billion, is expected to close by the end of 2022.
(Reporting by Terje Solsvik, editing by Stine Jacobsen)
Price
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Change
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5d. change
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Capi.
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120.8 NOK | +1.43% | +3.25% | 15.49B | ||
4.21 MYR | -1.64% | -0.47% | 10.44B | ||
1st Jan change | Capi. | |
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+13.03% | 5.22B | |
+1.93% | 192B | |
+5.15% | 126B | |
+42.41% | 87.62B | |
-0.40% | 62.92B | |
+2.77% | 23.74B | |
+15.31% | 21.74B | |
-5.99% | 16.83B | |
+3.56% | 15.49B | |
-7.12% | 10.08B |