Axis deal to drive Indonesian consolidation

More deals are expected in Indonesia following Malaysian Axiata Group’s acquisition of Saudi Telecoms Indonesian unit Axis, in a deal valuing the company at US$865m.

Bank of America Merrill Lynch is acting as the exclusive financial advisor to XL Axiata on the transaction, with the purchase funded by a combination of external debt as well as a loan from parent company Axiata group.

Please log in to view the full article


TMT Finance News


TMT Finance & Investment East Africa Conference 2013

TMT Finance & Investment Asia 2014