Malaysia: Norway's Telenor acquires Prabhu Money Transfer

Malaysia: Norway's Telenor acquires Prabhu Money Transfer

Visual of Telenor homepage.May 2016.

Norway-based mobile operator Telenor Group has acquired Malaysia-based licensed money services business Prabhu Money Transfer Sdn Bhd, in order to reinforce its mobile financial services footprint in Asia. The terms of the deal are for the full share capital of the firm.

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