AIS acquires Thaicom's stake in CS Loxinfo for THB 1.95 bln

Monday 9 October 2017 | 10:46 CET | News
Thaicom has announced it has sold its stake in CS Loxinfo (CSL). Thaicom held around 250 million shares or a 42.07 percent stake in CSL, via its subsidiary DTV Service Company. Advanced Wireless Network (AWN), a subsidiary of Advanced Info Service Public Company (AIS), paid a tender offer price of THB 7.80 per share. The total value of the transaction is THB 1.95 billion.

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Categories: Fixed / Broadcast & Satellite
Companies: Advanced Info Service / CS Loxinfo / CSL / Thaicom
Countries: Thailand
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