Axiata, Sinar Mas closer to $3.5 bln telco merger in Indonesia, Bloomberg says [Reuters]
PT XL AXIATA TBK ADR (PTXKY)
NASDAQ:AMEX Investor Relations:
xlgroup.com/xl-investor-relations
Company Research
Source: Reuters
merge their telecom operations in Indonesia to create a $3.5 billion entity, Bloomberg News reported, citing people familiar with the matter. The companies plan to merge their Indonesian units, PT XL Axiata and PT Smartfren, and are currently discussing the structure of a deal which could involve a mix of cash and shares, Bloomberg News said on Thursday. A non-binding agreement may be reached in the coming months, allowing the companies to continue negotiations and carry out due diligence, the report said, adding that there was no guarantee that a deal would go through. Telecommunications and digital conglomerate Axiata, XL Axiata, conglomerate Sinar Mas Group and Smartfren did not immediately respond to Reuters' requests for comment. Last week, telecom operator Dialog Axiata , which is majority owned by Axiata, an agreement to buy Bharti Airtel's operations in Sri Lanka. Coming soon: Get the latest news and expert analysis about the state of the global economy with Reuters
Show less
Read more
Impact Snapshot
Event Time:
PTXKY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PTXKY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PTXKY alerts
High impacting PT XL AXIATA TBK ADR news events
Weekly update
A roundup of the hottest topics