Yandex metrika counter
Telenor to sell stake in Thailand’s True Corp for $3.9B
Photo: Reuters

Norway’s Telenor announced on Thursday that it has agreed to sell its stake in Thailand’s True Corporation for a total value of approximately 39 billion Norwegian crowns ($3.92 billion).

The Telenor Group said it signed an agreement with Arise Digital Technology Company, owned by Khun Suphachai Chearavanont, to sell a 24.95% stake in True, News.Az reports, citing Reuters.

Under the deal, Telenor also agreed to sell its remaining 5.35% stake two years after the closing of the initial sale.


News.Az 

By Nijat Babayev

Similar news

Archive

Prev Next
Su Mo Tu We Th Fr Sa
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31