Thai mobile merger close to completion
The merger of Thailand’s second and third largest mobile operators looks set to happen sooner rather than later, with the shareholders of both companies having now approved the move.
DTAC and True Corp both held shareholder meetings on Monday and both subsequently announced that the proposed deal had been given the green light by an overwhelming majority. 99% of True shareholders voted in favour, as did 89% of DTAC holders.
The vote marks a crucial step forward in the companies’ ques
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