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Singtel to offload US digital marketing unit for $331 million

Singapore Telecommunications said on Tuesday (July 26) it would sell its loss-making digital marketing arm Amobee to London-listed Tremor International for $239 million in a bid to sharpen its focus on core businesses. Singtel last year started a strategic review of US-based Amobee after the unit booked an impairment charge of $589 million. The unit, which Singtel bought in 2012. ....

Singapore Telecommunications , Moelis Company , Amobee To Tremor International , London Listed Tremor International , Chief Executive Yuen Kuan Moon ,

Singtel to offload U.S. digital marketing unit for $239 million

(Reuters) - Singapore Telecommunications said on Tuesday it would sell its loss-making digital marketing arm Amobee to London-listed Tremor Internatio. ....

Navya Mittal , Devika Syamnath , Singapore Telecommunications , Moelis Company , Amobee To Tremor International , London Listed Tremor International , Chief Executive Yuen Kuan Moon ,