Yoma would gain from selling Digicel Asian stake: analysts
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Singapore
ANALYSTS on Monday said Yoma Strategic could stand to gain if it follows in its partner's footsteps and divests its shares in a Myanmar joint venture to a unit of Malaysian telco Axiata Group.
Last Friday, Jamaica-based Digicel Group, which owns three quarters of Digicel Asian Holdings, said it plans to sell off its entire stake for US$221 million to Edotco. Yoma, which owns the remaining quarter, said it was in talks with Edotco and evaluating its options.
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