Qatar's Ooredoo sells Myanmar unit for $576 million

Title: 

Qatar's Ooredoo sells Myanmar unit for $576 million

Description: 

"DUBAI, Sept 8 (Reuters) - Telecoms firm Ooredoo (ORDS.QA) has signed an agreement to sell its Myanmar unit to Singapore vehicle Nine Communications Pte. Ltd, the Qatari company said on Thursday. The transaction, with an enterprise value of $576 million and a total equity consideration of $162 million, is subject to the customary closing conditions, including Myanmar regulatory approvals..."

Source/publisher: 

"Reuters" (UK)

Date of Publication: 

2022-09-08

Date of entry: 

2022-09-08

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar

Language: 

English

Resource Type: 

text

Text quality: 

    • Good

Remote URL:

html