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Axiata agrees to sell M1 stake to Keppel for MYR 1.65 billion

2019-02-17 15:58:00| Telecompaper Headlines

(Telecompaper) Axiata has agreed to sell its stake in Singapore operator M1 in the buy-out offer from shareholder Keppel. At the terms offered by Keppel in January, Axiata will raise MYR 1.65 billion for its 28.7 percent stake in M1. Axiata said this gives it a gain of MYR 126.5 million on the shareholding. 

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21st Century Fox agrees to sell Sky stake to Comcast for GBP 11.6 billion

2018-09-26 16:43:00| Telecompaper Headlines

(Telecompaper) 21st Century Fox has agreed to sell its 39 percent stake in European pay-TV provider to Comcast, after losing out in the auction to buy Sky to the US cable operator. At Comcast's offer of GBP 17.28 per Sky share, 21CF's stake is worth GBP 11.6 billion (over USD 15 billion). 

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Abraaj Said in Talks to Sell Fund Unit Stake to Colony NorthStar

2018-05-07 16:26:35| National Real Estate Investor

Discussions between the Dubai-based firm and U.S. asset manager about the newly-separated investment unit are preliminary.

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Vornado Has Handshake to Sell Stake in NYC Tower to Kushners

2018-04-09 20:25:32| National Real Estate Investor

The statement, released late Friday, seemed oddly timed and appeared to catch the Kushners off guard.

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Dropbox sets IPO price range, to sell stake to Salesforce

2018-03-12 15:52:00| Telecompaper Headlines

(Telecompaper) Dropbox has set a preliminary price range for its initial public offering of shares, meaning net proceeds of around USD 530 million for the cloud storage company. The proceeds include USD 100 million from a concurrent private placement of shares at the same price as the IPO to Salesforce. 

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