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 […]

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