Thursday, 22 February 2018

Axiata strikes $600m towers deal

By Nick Wood, Total Telecom
Tuesday 13 December 16

Malaysian telco issues $400 million new shares to Japan's INCJ, sells $200 million of existing shares to sovereign wealth fund Khazanah.

Malaysian telco group Axiata on Tuesday raised $600 million (€565.6 million) by selling new and existing shares in its towers business Edotco. Axiata agreed to sell $400 million worth of new shares to INCJ…

Malaysian telco group Axiata on Tuesday raised $600 million (€565.6 million) by selling new and existing shares in its towers business Edotco. Axiata agreed to sell $400 million worth of new shares to INCJ…

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