By Yantoultra Ngui and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) -Indonesian telcos XL Axiata, Smartfren Telecom and its ...

If the merger goes through, Axiata and Sinar Mas will each own 34.8 percent in XLSmart with “equal influence” over the firm’s ...

The IDX speaks regarding the merger process between PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN).

XL Axiata and Smartfren have been in merger talks for monthsNow their parent companies have agreed a $6.5bn dealIf the merger ...

Axiata Group Bhd and Indonesia’s conglomerate Sinar Mas Group have agreed to merge their Indonesian telecom units, PT XL ...

The Widjaja family’s wealth soared 75% to $18.9 billion, fueled by a sevenfold jump in shares of Dian Swastatika Sentosa, the ...

Having been in discussions since May this year, Indonesia’s third- and fourth-largest telcos, XL Axiata and Smartfren, have finally agreed to merge their operations. The deal, valued at around $6.5 ...

Find insight on XL Axiata’s merger with Smartfren Telecom and Smart Telecom and more in the latest Market Talks covering ...

Axiata Group Berhad (“Axiata” or “the Group”) today announced the signing of a definitive agreement with Sinar Mas (“Sinar Mas”) to ...

U.S.-based private investment firm Bain Capital has invested $157 million in Indonesian private healthcare company Mayapada ...

Separately, XL Axiata Workers Union secretary-general Henry Machsuni confirmed that a meeting with XL Axiata and Axiata Group ...

The 1.8-trillion-won ($1.3 billion) M&A deal, which stands as one of the longest to completion in the sector, was first unveiled four years ago by South Korea's largest carrier to rescue Asiana, ...