Indonesia’s PT MNC Visions Networks Tbk (IPTV) has agreed to merge its streaming business and other units with blank cheque firm Malacca Straits Acquisition Company Limited, according to a company statement.
The transaction is conducted through IPTV’s subsidiary PT Asia Vision Network (AVN), which is the holding company for streaming business unit Vision+, broadband unit MNC Play and OTT player Playbox.
