Wednesday, 18 October 2017

Etisalat completes XL Axiata stake sale

By Nick Wood, Total Telecom
Wednesday 19 September 12

UAE-based telco cuts holding in Indonesian firm to 4.2%, raises $509 million.

Etisalat raised 1.87 billion dirhams ($509 million) from the sale of a 9.1% stake in Indonesia's XL Axiata, it confirmed on Wednesday. The UAE-based telco last week sold 775 million shares…

Etisalat raised 1.87 billion dirhams ($509 million) from the sale of a 9.1% stake in Indonesia's XL Axiata, it confirmed on Wednesday. The UAE-based telco last week sold 775 million shares…

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