IMDA to review Keppel’s proposed sale of M1 stake to Simba

SINGAPORE: The Infocomm Media Development Authority (IMDA) will assess Keppel Ltd’s proposed sale of part of its telecommunications subsidiary, M1, to Simba Telecom to ensure it meets regulatory requirements. In a statement, IMDA said its considerations in approving mergers and acquisitions in the sector include ensuring there is no significant lessening of competition, that transactions […]
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