Singtel explores sale of 30%+ Optus stake in deal worth A$2 billion
What's new: Morrison has a seven-week exclusivity period to pursue the minority stake in Optus, according to the Australian Financial Review.
What's new: Morrison has a seven-week exclusivity period to pursue the minority stake in Optus, according to the Australian Financial Review.
What's new: The state investor said Middle East turmoil shaved about 2% off value late in the year, though most losses were later recovered.
What's new: The sale leaves Singtel with a 4.95% Gulf stake and adds about S$140 million in equity gains.