February 2026 Top M&A Deals

February 2026 Top M&A Deals in ASEAN

Norway’s Telenor has agreed to sell its 24.95% stake in Thai telecom operator True Corp to Arise Digital Technology Co Ltd, owned by Thai businessman Suphachai Chearavanont, for USD 3.2bn. The divestment allows Telenor to sharpen its focus on core markets, improve capital efficiency, and enhance shareholder returns. True Corp is a leading Thai telecom provider, generating USD 5.8bn in net sales revenue in 2024.

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