by Amruth Sundarkumar | May 26, 2022 | Corporates, India, Singapore Dollar Bonds
Singaporean telecom company Singtel Group is planning to sell a $1-2bn stake in Bharti Airtel to the latter’s Chairman Sunil Mittal family as per sources. Bharti Telcom is the promoter company of Bharti Airtel with a 35.85% holding. Since 2000, Singtel has been...
by Amruth Sundarkumar | Oct 4, 2021 | Corporates, Singapore Dollar Bonds
State-owned Singapore Telecommunications (Singtel) announced last Friday that it has sold a 70% stake in its Australian tower network to superannuation fund AustraliaSuper for A$1.9bn ($1.4bn). Singtel plans to use proceeds from the sale to fund a 5G rollout and for...
by bondevalue | Apr 20, 2021 | Investment Grade Bonds
Thailand’s largest power producer Gulf Energy Development has made a bid to acquire Singtel associate company Intouch Holdings, which controls Thailand’s largest mobile phone company Advanced Info Service, for THB 169bn ($5.4bn). Gulf, controlled by Thai...
