Beeline In Negotiations with Potential Buyer
VimpelCom, the parent company of local mobile operator Beeline, is looking to sell the majority share of its Cambodian assets and has entered into negations with a possible buyer, according to a document obtained yesterday. “VimpelCom intends to dispose its entire indirect 90.0 percent stake in Sotelco Ltd. (“Sotelco”), its Cambodian operator. As of 31 December 2012, sales negations with a potential buyer we’re in progress,” VimpelCom said in its annual filing with U.S Securities and Exchange Commission (SEC). …
http://www.cambodiadaily.com/business/beeline-in-negotiations-with-potential-buyer-16275/
