Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Mobitel deal wins prize

Mobitel deal wins prize

ROYAL Group’s November buyout of Millicom International’s majority stake in mobile phone market leader Mobitel has won “Asia deal of the year” for 2009 in Telecom Finance magazine. The deal, worth US$346 million that included a $421 million financing package for the 58.4 percent stake, was advised by Cambodia Capital and Goldman Sachs, and arranged by Standard Bank and ANZ Bank in a move that saw Royal Group take complete control of the mobile firm. “This was truly a trailblazing deal…. [That] could potentially mark the beginning of a new dawn in Indochina,” the judging panel was quoted as saying.

0

Comments

Please, login or register to post a comment

Latest Video

Explore the durian and rubber farms of Kampong Cham

Take a drive north of Kampong Cham, past the dirt roads and the dense greenery.

Kem Sokha talks politics, power and Hun Sen

Kem Sokha, leader of the Cambodia National Rescue Party, sat down with The Post’s Alex Willemyns and Mech Dara to discuss his supporters’ initial disappointment with this year’s

NEC officials tally votes during a recount last week in Phnom Penh.

Cambodia’s National Election Committee last week rejected 33 of 61 complaints filed over the conduct of June 4’s commune election, according to a s

People search for their names on the voter lists at a polling station in Kampong Cham’s Veal Vong commune earlier this month.

Four years ago, when the opposition snatched Kampong Cham away from the ruling party in 2013 national elections, it hinted at a deeper shift taking