Singtel Confirms Talks for Potential Optus Stake Sale

Singapore Telecommunications Ltd. (Singtel) has confirmed it is in discussions regarding the potential sale of a stake in its Australian subsidiary, Optus, following reports of interest from infrastructure investors.

29 Jul, 11:21 — 29 Jul, 11:21

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bloombergHigh37d ago

Singtel Confirms It’s in Talks About Potential Optus Stake Sale

Singapore Telecommunications Ltd. has confirmed it is in talks to sell a stake in Australia’s Optus, after the Australian Financial Review reported infrastructure investor Morrison is in discussions to buy a stake valued at more than A$2 billion ($1.4 billion).

By Yongchang Chin and Amy Bainbridge

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Singtel Confirms Talks for Potential Optus Stake Sale

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Singtel Confirms It’s in Talks About Potential Optus Stake Sale

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