Skadden, Freshfields advise on $6.5 bln Indonesia telecom merger
BY Nimitt Dixit |
U.S. law firm Skadden, Arps, Slate, Meagher & Flom has advised Malaysia-headquartered Axiata Group on the $6.5 billion proposed merger of its Indonesian company PT XL Axiata and PT Smartfren Telecom, a subsidiary of PT Sinar Mas Group. Freshfields counseled Sinar Mas.