Simba Telecom to buy M1 stake from Keppel for US$1.11 billion
Manager Keppel said on Monday (Aug 11) it will sell M1’s telecom operations to operator Simba Telecom for an enterprise value of S$1.43 billion (US$1.11 billion). Keppel will receive S$1 billion in cash proceeds for its 83.9 per cent stake in its subsidiary M1 Limited. It will retain the fast-growing
