SINGAPORE – Singapore-based Keppel is selling the telecoms business of its subsidiary M1 to rival Simba Telecom for $1.43 billion, in what is the first telco consolidation in Singapore’s history. The ...
Keppel Ltd (Keppel) is divesting M1’s telco business to Simba Telecom for an enterprise value of S$1.43 billion in an all-cash deal. The transaction, made through Keppel’s subsidiaries, will see ...
Singapore-based Keppel Ltd. has entered into an agreement to sell the M1 telecommunications business to Simba Telecom Pte. Ltd. for S$1.43 billion, adjusted after completion of the transaction.