Celcom-Digi merger almost a done deal


PETALING JAYA: The Celcom-Digi merger is just a step away from completion, but the heat is on Axiata Group Bhd as its credit profile is likely to weaken.

The merger will erode the earnings quality of Axiata, and an acquisition-fueled increase in leverage adds further pressure to Axiata’s credit profile, said S&P Global Ratings.

Celcom-Digi ,

   

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