By Soraya Permatasari, 8th July 2009, Bloomberg
Axiata Group Bhd., Southeast Asia’s second-largest mobile-phone operator, is considering an offer for Millicom International Cellular SA’s assets in Cambodia and Sri Lanka, according to two people with knowledge of the matter.
The Kuala Lumpur-based company may bid as much as $500 million for Millicom’s stake in its Cambodian unit and $200 million for the Sri Lankan operations, one of two people with knowledge of the plan said yesterday, asking to not be identified because the discussions are private.
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