Brief: Telenor To Sell 51% Stake In Wave Money To Consortium Led By Yoma Strategic - Nikkei

Yoma Strategic Holdings

02/01/2022 21:10

Jan 3 (Reuters) - Nikkei:
    * NORWAY'S TELENOR AGREED TO SELL ITS 51% STAKE IN WAVE
MONEY TO
CONSORTIUM LED BY SINGAPORE-LISTED YOMA STRATEGIC HOLDINGS -
NIKKEI
    * SALE OF TELENOR'S STAKE IN WAVE MONEY FOR $53 MILLION IN
CASH
SET TO BE FINALIZED IN THE COMING DAYS - NIKKEI, CITING PEOPLE
CLOSE TO THE DEAL
    * TELENOR'S STAKE SALE WILL GIVE YOMA GROUP A 75% STAKE IN
WAVE
MONEY - NIKKEI

Source text - (https://s.nikkei.com/3qLHSwp)
Further company coverage:  TEL.OL   YOMA.SI 

 ((Reuters.Briefs@thomsonreuters.com;))