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Telenor Group and Axiata call time on Asian merger plans

机译:Telenor Group和Axiata召集亚洲合并计划的时间

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Norwegian telecoms giant Telenor Group and Malaysian counterpart Axiata have announced that by mutual agreement they have called an end to discussions regarding a proposed non-cash combination of their respective telecom and infrastructure assets in Asia. Confirming the development via press release, the two companies noted that over the last four months both had worked on due diligence and finalizing transaction agreements with a view to completing these in the third quarter of 2019. However, the parties have now elected to halt the talks citing 'complexities involved in the proposed transaction'. Nonetheless, Telenor and Axiata said that they both still acknowledge the 'strong strategic rationale' of the deal that had been on the table and 'do not rule out that a future transaction could be possible'.
机译:挪威电信巨头Telenor集团和马来西亚同行Axiata宣布,通过双方达成的协议,他们已结束有关各自在亚洲的电信和基础设施资产的拟议非现金合并的讨论。两家公司通过新闻稿确认了事态发展,并指出在过去四个月中,两家公司都在进行尽职调查并敲定交易协议,以期在2019年第三季度完成交易。但是,双方现在选择中止交易。会谈中引用了“拟议交易中涉及的复杂性”。尽管如此,Telenor和Axiata表示,他们仍然承认已经提出的交易的“强有力的战略依据”,并且“不排除将来可能进行交易”。

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    《Asia Pacific telecom》 |2019年第9期|14-14|共1页
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