Myanmar: Yoma Strategic to buy controlling stake in e-payment firm Wave Money
Yoma Strategic on Wednesday (June 24) said it would acquire a controlling stake in Wave Money, one of Myanmar’s leading mobile payment companies, for US$76.5 million. Under the deal, Norwegian Telenor Group will sell its existing 51 percent stakes to Yoma MFS Holdings (Wave Holdco), a company established with $25 million capital from Singapore-listed Yoma […]
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