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PETALING JAYA: Axiata Group Bhd, Dialog Axiata PLC, and Bharti Airtel Ltd signed a definitive agreement today to combine their operations in Sri Lanka, including the acquisition of the entire issued shares of Bharti Airtel Lanka (Pte) Ltd.
Under the definitive agreement signed by Dialog Axiata, Axiata Group Berhad, and Bharti Airtel, Dialog will acquire 100% of the issued shares in Airtel Lanka. In consideration of the acquisition, Dialog will issue ordinary voting shares amounting to 10.355% of the total issued shares to Bharti Airtel by way of a share swap, the companies announced in a joint statement.
KUALA LUMPUR: Axiata Group Bhd, Dialog Axiata PLC and Bharti Airtel Ltd signed a definitive agreement today to combine their operations in Sri Lanka, ...
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KUALA LUMPUR: While experiencing setbacks from its decision to exit Nepal and Myanmar, Axiata Bhd said it registered a positive performance from continuing operations in FY23.