Deals
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
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Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
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Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.
The move would mark the exit of the country’s last foreign telecom operator
Kirin’s 51% stake in Myanmar Brewery will be sold back to the brewery for $164m
Analysis
The report covered 380 venture investors in Southeast Asia.
Venture Capital
In 2020, Ascent Capital Partners led a $26-million minority investment in Frontiir
At least $20m will be for green financing — IFC’s first green loan in Cambodia.
Telenor in May 2021 wrote down the value of its Myanmar business by 6.5 billion crowns ($751 million).
