Telenor and CP Group to merge Thai telecom units for $8.6 billion - NewsBreak

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By Sain in Business
Updated 2 years ago

(Reuters) - Norway's Telenor and Thailand's Charoen Pokphand Group (CP Group) have agreed to merge their telecom units in Thailand, the Oslo-based company said in a statement on Monday, in a deal valued at about 282.8 billion baht ($8.61 billion). The deal, which Telenor had flagged on Friday, would merge...

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