Analysts positive on merger


  • Business
  • Saturday, 11 May 2019

THE proposed mega merger of Axiata Group Bhd and Telenor ASA’s Asian assets may be viewed positively by analysts but it is expertise that Telenor ASA brings to the table and the expected cost synergies that makes this deal attractive.

Though details are still sketchy at this juncture pending signing of the deal in three months , suffice to say about RM15bil to RM20bil of cost synergies can be expected over a five year period.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Inflation rises slightly in October
Market struggles to find direction
RHB, CGC in LCTF portfolio guarantee deal
Affin Bank 3Q earnings jump 45%
Allianz quarterly top line climbs 10%
Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah
Allianz Malaysia posts 7.4% lower earnings of RM183.17mil in 3Q

Others Also Read