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axiata ncell deal

Ncell sold for $1.365 billion to Axiata

In the biggest ever corporate deal in Nepal’s history, Malaysia-based Axiata has agreed to acquire 80 per cent stake in Ncell, the country’s largest private cell phone service provider, for $1.365 billion (Rs 145.40 billion at today’s exchange rate of Rs 106.52 per dollar). Axiata Group Berhad (Axiata), through its wholly-owned subsidiary,…
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