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The Independent UK

National

Via AP news wire

UNCOVERED: Norway s telenor to sell stake in myanmar s wave money | History Defined

Myanmar Telenor

Copyright 2021 The Associated Press. All rights reserved.

Norwegian telecommunications company Telenor plans to sell its 51% stake in the Myanmar fintech company Wave Money to its main partner in the venture, Yoma Strategic Holdings.

Telenor confirmed the $53 million deal, reported earlier, in a statement seen Tuesday on its website.

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