Norway's Telenor, Thailand's CP Group to merge telecom units
Exploration of Norway’s Telenor and Thailand’s CP Group merger of their Bangkok-listed telecom units, saw jumps in both DTAC and True Corp. Read more ...
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Exploration of Norway’s Telenor and Thailand’s CP Group merger of their Bangkok-listed telecom units, saw jumps in both DTAC and True Corp. Read more ...
Major Thai telecoms companies DTAC and True Corp. plan to merge to pursue opportunities in the tech sector, their parent companies said Monday. Norway’s Telenor Group, parent company of DTAC, and Charoen Pokphand (CP) Holding, the parent firm of True, notified the Stock Exchange of Thailand that their joint venture, Citrine Global Company, will make an offer for all shares of the two telecom companies.
Major Thai telecoms companies DTAC and True Corp. plan to merge to pursue opportunities in the tech sector, their parent companies said Monday. Norway's
Thailand's DTAC and True Corp. plan a merger that they say will create an “equal partnership" for pursuing opportunities in the tech sector
The deal, subject to regulatory approvals, will see Telenor and CP Group each owning a third of the combined company, with stock market investors holding the rest.