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

3
Comment
Favorite

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 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Kerrisdale
·03-13
If deal is true and pushes through.. [Miser]
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1173165148?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-13 16:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1173165148","market":"sg","top_or_hot":-1,"title":"Singtel Surges 3.8% After Report of Talks for $11 Billion Optus Sale","media":"Bloomberg","content":"<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\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"Z74.SI","symbol_name":"新电信","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2024-03-13/singtel-in-talks-to-sell-optus-for-about-11-billion-afr-says","article_id":"1173165148","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173165148","pubTimestamp":1710317765,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"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","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"Z74.SI":"新电信"},"translate_title":"新加坡电信股价飙升3.8%，此前有报道称将以110亿美元出售Optus","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"Z74.SI":1.1},"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.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":283914567557144,"gmtCreate":1710331005668,"gmtModify":1710331010683,"author":{"id":"3569672085341585","authorId":"3569672085341585","name":"Kerrisdale","avatar":"https://static.tigerbbs.com/a4d14a21feeb313f6dab3cc9b67b4219","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1},"htmlText":"If deal is true and pushes through..&nbsp;[Miser]&nbsp;&nbsp;","listText":"If deal is true and pushes through..&nbsp;[Miser]&nbsp;&nbsp;","text":"If deal is true and pushes through.. [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"}],"hasMoreComments":true,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}