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08 Jul 2021
Arctic FLASH: Telenor - Sells Telenor Myanmar to M1 Group

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Arctic FLASH: Telenor - Sells Telenor Myanmar to M1 Group
- Published:
08 Jul 2021 -
Author:
Kristian Spetalen -
Pages:
6 -
Telenor announced that it has agreed to sell its operations in Myanmar
Consideration of NOK 900m (NOK 470m is deferred payment over 5 years)
Implied EV of NOK 5.2bn, NOK 3.7/sh and 1.3x/2.9x 2020/2021e EBITDA
M1 Group is an investment holding group based in Beirut