Telenor Sells $3.9 Billion Stake in Thailand’s True to Arise

Telenor ASA agreed to sell its stake in Thai telecommunications operator True Corp. to Arise Digital Technology Co. for a total value of 39 billion kroner ($3.9 billion).

By Stephen Treloar, Anuchit Nguyen · Bloomberg

Telenor ASA agreed to sell its stake in Thai telecommunications operator True Corp. to Arise Digital Technology Co. for a total value of 39 billion kroner ($3.9 billion).