Malaysia's Axiata, Indonesian unit to buy 66% in Link Net for $606m

Malaysia's Axiata, Indonesian unit to buy 66% in Link Net for $606m

Axiata Group Berhad and its Indonesian subsidiary PT XL Axiata Tbk have signed an agreement to jointly take a 66.03% stake in PT Link Net Tbk for $606.19 million, the Malaysia telecoms group said on Thursday.

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