Telecom Corporation Of New Zealand Ltd
* Acquires business cloud specialist Appserve Ltd
* Acquisition seen as complement to the purchase in 2013 of Revera and the ongoing investment in data centres
* Deal expected to be completed by early July
* The purchase price for the shares is NZ$17 million ($14.72 million).
Malaysian law firm RDS Partnership has hired veteran corporate/M&A lawyer Raphael Tay as a partner from local boutique LAW Partnership, where he headed the corporate and commercial practice.
Sidley Austin has advised Malaysia’s Axiata Group on its Indonesian subsidiary’s acquisition of Axis Telekom Indonesia from Saudi Telecom Company (STC), which was guided by Freshfields.
Papua New Guinea energy company Oil Search Ltd launched a fight on Friday to contest French oil giant Total SA's purchase of a 40 percent stake in PNG's biggest undeveloped gas field.