Telecoms buyout boosts onshore deals in Cambodia

Author: | Published: 30 Nov 2009

A Cambodian company has successfully closed the country’s largest-ever M&A deal. The deal was financed onshore by a group of international banks, showing the potential for foreign interest in south-east Asian deals that have the right structure.

Royal Group of Companies bought Millicom International Cellular’s Cambodian business in a $356 million deal. Millicom has been Royal...