RPT-BRIEF-Axiata And Telenor Agree To End Discussions On Proposed Transaction
(Repeats to widen distribution)
Sept 6 (Reuters) - Telenor ASA:
* AXIATA AND TELENOR HAVE AGREED TO END DISCUSSIONS ON THE PROPOSED TRANSACTION
* AXIATA GROUP BERHAD AND TELENOR GROUP HAVE MUTUALLY AGREED TO END DISCUSSIONS REGARDING A NON-CASH COMBINATION OF THEIR TELECOM AND INFRASTRUCTURE ASSETS IN ASIA
* DUE TO SOME COMPLEXITIES INVOLVED IN PROPOSED TRANSACTION, PARTIES HAVE MUTUALLY AGREED TO END DISCUSSIONS
* BOTH PARTIES STILL ACKNOWLEDGE STRONG STRATEGIC RATIONALE OF PROPOSED TRANSACTION
* PARTIES DO NOT RULE OUT THAT A FUTURE TRANSACTION COULD BE POSSIBLE Source text for Eikon: Further company coverage: (Gdynia Newsroom)