Australia's Tuas terminates Simba-M1 merger
21/05/2026 23:48
May 22 (Reuters) - Australia's Tuas TUA.AX said on Friday that it has terminated its unit Simba Telecom's agreement with Singapore's Keppel KPLM.SI to buy the global asset manager's stake in M1 valued at around S$1.43 billion. ($1.12 billion). ($1 = 1.2770 Singapore dollars) (Reporting by Nikita Maria Jino in Bengaluru; Editing by Shailesh Kuber) ((Nikita.Jino@thomsonreuters.com;))
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