Telenor, CP Group to merge Thai telecom units in $8.6 bln deal - NewsBreak

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By Megansoto in Business
Updated 2 years ago

BANGKOK, Nov 22 (Reuters) - Norway's Telenor (TEL.OL) and Thailand's Charoen Pokphand Group (CP Group) have agreed to merge their telecom units in Thailand in a deal valued at 282.8 billion baht ($8.6 billion) to create a new market leader in the Southeast Asian country. The deal, which Telenor flagged...

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