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CK Hutchison, Ooredoo to extend merger negotiations in Indonesia until 30 June

Thursday 29 April 2021 | 09:42 CET | News
Update: 29 April 2021 | 09:59 CET
CK Hutchison has agreed with Ooredoo to extend the period of negotiations on a potential transaction to combine their respective subsidiaries Hutchison 3 Indonesia and Indosat, on an exclusive basis, until 30 June. Negotiations between the parties have been constructive but require more time to conclude, CK Hutchison said.

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[29/04/2021 09:59- Update: Adds comments from Ooredoo]


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Categories: Mobile & Wireless
Companies: 3 Indonesia / Axiata / Indosat / Ooredoo / SmartFren / Telkomsel / XL Axiata
Countries: Indonesia
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