Tuas Limited to acquire M1 Limited in S$1.43 billion deal; Launches A$416 million equity raise
SINGAPORE: Tuas Limited (ASX: TUA), through its subsidiary Simba Telecom, announced Monday it will acquire M1 Limited (excluding its ICT businesses) for S$1.43 billion, aiming to create a stronger, more competitive telecommunications player in Singapore. The acquisition, subject to regulatory…