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Indonesia's Indosat CEO says not in talks to acquire Hutchison 3
February 5, 2015 / 2:47 AM / 3 years ago

Indonesia's Indosat CEO says not in talks to acquire Hutchison 3

JAKARTA, Feb 5 (Reuters) - The chief executive of PT Indosat Tbk said the Indonesian telecoms company is not in talks to acquire PT Hutchison 3 Indonesia, part of Hong Kong’s Hutchison Whampoa.

The Indonesian stock exchange had asked Indosat for a response to a report about the possible deal published in Indonesia Finance Today on Jan. 30. Indosat said in a stock exchange filing on Tuesday that it was not in a position to comment on the rumours.

“I can confirm 100 percent that there has never been such a discussion. I don’t know where the gossip started from,” Indosat Chief Executive Officer Alexander Rusli told Reuters in a text message late on Wednesday.

Indosat was 65 percent-owned by Qatar’s Ooredoo QSC as of Sept 30, according to Thomson Reuters data. Ooredoo declined to comment. (Reporting by Eveline Danubrata; Additional reporting by Matt Smith in DUBAI; Editing by Kenneth Maxwell)

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