Singtel Surges 3.8% After Report of Talks for $11 Billion Optus Sale

Bloomberg03-13

Singtel is in talks to sell Optus to Brookfield, AFR reportsIts shares jumped their most since 2022 in SingaporeSingapore Telecommunications Ltd. is in advanced discussions to sell carrier Optus to ...

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Kerrisdale
03-13
Kerrisdale
If deal is true and pushes through.. [Miser]

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[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283914567557144","repostId":1173165148,"repostType":2,"repost":{"id":"1173165148","pubTimestamp":1710317765,"share":"https://www.laohu8.com/m/news/1173165148?lang=&edition=full","pubTime":"2024-03-13 16:16","market":"sg","language":"en","title":"Singtel Surges 3.8% After Report of Talks for $11 Billion Optus Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1173165148","media":"Bloomberg","summary":"Singtel is in talks to sell Optus to Brookfield, AFR reportsIts shares jumped their most since 2022 in SingaporeSingapore Telecommunications Ltd. is in advanced discussions to sell carrier Optus to Brookfield for about A$16 billion , the Australian Financial Review reported, citing unidentified sources.Singapore’s largest carrier gained as much as 3.77%, its biggest intraday gain since May 2022, before it was suspended from trading pending an announcement. According to the AFR report, Brookfield","content":"<html><head></head><body><ul style=\"\"><li><p>Singtel is in talks to sell Optus to Brookfield, AFR reports</p></li><li><p>Its shares jumped their most since 2022 in Singapore</p></li></ul><p>Singapore Telecommunications Ltd. is in advanced discussions to sell carrier Optus to Brookfield for about A$16 billion ($10.6 billion), the Australian Financial Review reported, citing unidentified sources.</p><p>Singapore’s largest carrier gained as much as 3.77%, its biggest intraday gain since May 2022, before it was suspended from trading pending an announcement. According to the AFR report, Brookfield may bring a consortium partner such as the Canada Pension Plan Investment Board into a deal that could value Optus at as much as A$18 billion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7122cf84a5b7422e02998b8e4705a416\" tg-width=\"807\" tg-height=\"621\"/></p><p>Optus, which competes with Telstra Group Ltd., came under fire last year for a widespread outage that followed an earlier cyberattack exposing the personal information of millions of customers. The incidents helped precipitate the departure of its former chief executive officer.</p><p>The Australian carrier’s revenue slid 5.4% in the December quarter, while earnings before interest, tax, depreciation and amortisation fell 1.8% to S$465 million, AFR reported.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singtel Surges 3.8% After Report of Talks for $11 Billion Optus Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingtel Surges 3.8% After Report of Talks for $11 Billion Optus Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-13 16:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-13/singtel-in-talks-to-sell-optus-for-about-11-billion-afr-says><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singtel is in talks to sell Optus to Brookfield, AFR reportsIts shares jumped their most since 2022 in SingaporeSingapore Telecommunications Ltd. is in advanced discussions to sell carrier Optus to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-13/singtel-in-talks-to-sell-optus-for-about-11-billion-afr-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Z74.SI":"新电信"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-13/singtel-in-talks-to-sell-optus-for-about-11-billion-afr-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173165148","content_text":"Singtel is in talks to sell Optus to Brookfield, AFR reportsIts shares jumped their most since 2022 in SingaporeSingapore Telecommunications Ltd. is in advanced discussions to sell carrier Optus to Brookfield for about A$16 billion ($10.6 billion), the Australian Financial Review reported, citing unidentified sources.Singapore’s largest carrier gained as much as 3.77%, its biggest intraday gain since May 2022, before it was suspended from trading pending an announcement. According to the AFR report, Brookfield may bring a consortium partner such as the Canada Pension Plan Investment Board into a deal that could value Optus at as much as A$18 billion.Optus, which competes with Telstra Group Ltd., came under fire last year for a widespread outage that followed an earlier cyberattack exposing the personal information of millions of customers. The incidents helped precipitate the departure of its former chief executive officer.The Australian carrier’s revenue slid 5.4% in the December quarter, while earnings before interest, tax, depreciation and amortisation fell 1.8% to S$465 million, AFR reported.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1173165148"}