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Published on: Friday, April 09, 2021 By: Bernama Text Size: Kuala Lumpur: Axiata Group Bhd and Telenor Asia, the major shareholder of Digi.com Bhd, are proposing to merge Celcom Axiata Bhd and Digi to become a company, known as Celcom Digi Bhd (MergeCo). Axiata, together with Malaysian institutional funds, will own over 51 per cent in the company. In a statement today, Axiata said as part of the merger transaction, the company would receive newly issued shares in Digi, representing 33.1 per cent post-transaction shareholding and cash equalisation amount of around RM2 billion, of which RM1.7 billion would come from Digi as new debt while the balance of RM300 million will come from Telenor. ....
Axiata, Telenor to merge Celcom, Digi thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
Celcom Axiata, Digi in advanced merger talks A - Axiata Group Bhd and Telenor Asia, the major shareholder of Digi.com Bhd, are proposing to merge Celcom Axiata Bhd and Digi to become a company, known as Celcom Digi Bhd (MergeCo). Axiata, together with Malaysian institutional funds, will own over 51 percent of the company. In a statement today, Axiata said as part of the merger transaction, the company would receive newly issued shares in Digi, representing 33.1 percent post-transaction shareholding and cash equalisation amount of around RM2 billion, of which RM1.7 billion would come from Digi as new debt while the. ....
Axiata 'reasonably confident' of Celcom-Digi merger approvals, says president | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.