Stock Groups

Telenor and Thailand’s True Corp plan $200 million VC fund -Breaking

[ad_1]

2/2
© Reuters. FILE PHOTO Telenor’s logo can be seen in central Belgrade (Serbia), March 21 2018. REUTERS/Marko Djurica/File Photograph

2/2

BANGKOK (Reuters), – Norway’s Telenor ASA (OTC: Monday) The OTC announced that it will create a venture capital funds with Thailand’s True Corporation Pcl up to $200 Million.

Telenor’s Chief Executive Sigve Brkke stated that a “venture capital fund” will be established with investors in the $100-200 million range. He spoke at a virtual conference on the merger of Total Access Communication Pcl (Thailand’s True Corp) and Total Access Communication Pcl.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes and charts. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]