Singapore's IMDA has suspended its review of the proposed Simba-M1 telco merger due to an investigation into potential regulatory breaches. Read more at straitstimes.com. Read more at straitstimes.com ...

Australia-listed telco Tuas, the parent company of local telco Simba, has terminated its proposed S$1.43 billion acquisition of M1. This comes after the Infocomm Media Development Authority (IMDA) ...

The termination ends a Sale and Purchase Agreement under which Tuas's subsidiary Simba Telecom had sought to purchase shares ...

Singaporean company Keppel has today announced plans to sell M1's telecom business to Simba Telecom for an enterprise value of S$1.43 billion (US$812 million). Keppel said the sale will help it to ...

Add Yahoo as a preferred source to see more of our stories on Google. Keppel announced on Aug 11 the sale of the telecom business of its subsidiary M1 to rival Simba Telecom for $1.43 billion. (ST ...

Singapore's Infocomm Media Development Authority (IMDA) on Monday (May 18) announced the suspension of an ongoing assessment of the proposed consolidation between telco operators M1 and Simba, over ...

Add Yahoo as a preferred source to see more of our stories on Google. Simba has offered $1.43 billion to Keppel for M1’s telecom business. The merger may have implications on national security, ...

The deal excludes M1’s information and communications technology businesses. Keppel will receive close to $1.0 billion in cash proceeds for its 83.9% effective stake in M1. Australian-listed ...

Keppel’s S$1.43bn sale of M1 to Simba Telecom (formerly TPG) marks Singapore's first major telecom consolidation. The new entity would control nearly a third of the market—a scale sufficient to ...

Simba Telecom entered an agreement to buy M1 Group’s telecoms business for an enterprise value of SGD1.4 billion ($1.1 billion), a move which would cut the number of large mobile players in the market ...

Keppel Ltd (Keppel) is divesting M1’s telco business to Simba Telecom for an enterprise value of SG$1.43 billion in an all-cash deal. The transaction, made through Keppel’s subsidiaries, will see ...

Singapore-based Keppel Ltd. has entered into an agreement to sell the M1 telecommunications business to Simba Telecom Pte. Ltd. for S$1.43 billion, adjusted after completion of the transaction.