MyRepublic said to be seeking private-equity backing for M1 bid
The Internet provider has been approaching buyout firms to help finance its planned offer for M1
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MyRepublic Ltd, the Singapore Internet provider backed by billionaire Xavier Niel, is seeking a private-equity partner as it bids for local wireless carrier M1 Ltd, according to people with knowledge of the matter.
MyRepublic, which last year bid unsuccessfully for Singapore's fourth mobile operator licence, has been approaching buyout firms about helping finance its planned offer for M1, the people said, asking not to be identified because the process is private.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
