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SINGTEL TO SELL YELLOW PAGES.
AsiaPulse News
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June 02, 2003 |
COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
SYDNEY, June 2 Asia Pulse - The Singapore Yellow Pages (SYP) operation of Singapore Telecommunications Ltd (ASX:SGT) is to be sold for S$220 million ($US126.8 million) to CVC Asia Pacific and JP Morgan Partners Asia LDC.
The Yellow Pages sale will enable SingTel to increase focus on its core telecommunications business.
The price for the business and assets was before purchase price adjustments for changes in working capital.
"SYP is a financially strong company and a ...
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Source: HighBeam Research, SINGTEL TO SELL YELLOW PAGES.