Business Services Industry

Singapore: SingTel will acquire 5% of Globe Telecom from Ayala for around 6.65 billion pesos

Telecom Asia, Dec, 2004

SingTel will acquire 5% of Globe Telecom from Ayala for around 6.65 billion pesos ($118 million), increasing its stake in Globe to 45% while Ayala's stake will fall to 35%.

COPYRIGHT 2004 Advanstar Communications, Inc.
COPYRIGHT 2005 Gale Group

 

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