In today’s briefing:
- Link Net: Home Straight For Axiata’s MTO
Link Net: Home Straight For Axiata’s MTO
- Axiata Group (AXIATA MK) recently completed the acquisition of a 66.03% stake in Link Net (LINK IJ).
- Axiata is now obligated to undertake a mandatory tender (MTO) offer to acquire the remaining 33.97% equity interest in Link Net. There are no conditions attached to the MTO.
- The MTO is expected to be completed in the third quarter of 2022. The spread has narrowed, yet there is still some left.
Before it’s here, it’s on Smartkarma
