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Axiata, Sinar Mas Revive Talks for Indonesian Unit Deal, Sources Say
Companies working with financial advisers to weigh transaction
Other options could lead to network agreements, partnerships

By Manuel Baigorri and Elffie Chew
September 5, 2023 at 1:36 PM GMT+7
Updated on September 5, 2023 at 3:52 PM GMT+7

Malaysia’s biggest wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group have revived talks that could lead to a merger of their telecommunications operations in Indonesia, according to people familiar with the matter.

https://www.bloomberg.com/news/articles/2023-09-05/axiata-sinar-mas-said-to-revive-talks-for-indonesian-unit-deal?embedded-checkout=true

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