Malaysia’s Axiata and XL Axiata Acquire a Majority Stake in Link Net
Posted on 01/30/2022
Axiata Group Berhad and its Indonesian subsidiary PT XL Axiata Tbk signed an agreement to jointly take a 66.03% ownership stake in PT Link Net Tbk for approximately IDR 8.72 trillion (US$ 606.19 million). The deal was revealed on January 27, 2022. Under the terms of a conditional share purchase agreement with Asia Link Dewa […]
