Axiata Group, XL Axiata to acquire 66% stake in Link Net for $610m
Axiata Group Berhad and XL Axiata will jointly acquire a stake of 66.03% Link Net Tbk, an Indonesian broadband and cable TV services provider, from Asia Link Dewa and First Media Tbk for IDR8.72 trillion ($610 million). The deal values 100% of Link Net at around IDR13.21 trillion ($920 million). While Axiata Group is a […]