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

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By Hardik in Business
Updated 2 years ago

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, 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...

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