March 20, 2018 / 5:44 AM / a month ago

BRIEF-Axiata Group Says Unit To Acquire Stake In Digital Reality Pvt Ltd‍​

March 20 (Reuters) - Axiata Group Bhd:

* AXIATA GROUP -UNIT ENTERED SHAREHOLDER AGREEMENT WITH ST. ANTHONY’S PROPERTY DEVELOPERS TO ACQUIRE 35% EQUITY STAKE IN DIGITAL REALITY PVT LTD‍​

* DIGITAL REALITY (PRIVATE) LTD IS CO ENGAGED IN OPERATING DATA CENTRE BUSINESS IN SRI LANKA

* EQUITY STAKE IN DRPL FOR A CONSIDERATION OF 262.5 MILLION SRI LANKA RUPEES ‍​

* UNIT TO ACQUIRE DRPL THROUGH PRIMARY ISSUANCE‍​; ACQUISITION TO ESTABLISH, OPERATE AND MANAGE DATA CENTRE IN SRI LANKA Source text (bit.ly/2IDiylo) Further company coverage:

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