M&A Deal Summary

M1 Group Acquires Telenor Myanmar

On July 8, 2021, M1 Group acquired communications company Telenor Myanmar from Telenor for 105M USD

Acquisition Highlights
  • This is M1 Group’s 1st transaction in the Communications sector.
  • This is M1 Group’s largest (disclosed) transaction.
  • This is M1 Group’s 1st transaction in Myanmar.

M&A Deal Summary
Date 2021-07-08
Target Telenor Myanmar
Sector Communications
Buyer(s) M1 Group
Sellers(s) Telenor
Deal Type Divestiture
Deal Value 105M USD

Target

Telenor Myanmar

Myanmar
Telenor Myanmar is a provider of telecommunication services in Myanmar.

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Buyer(S) 1

Buyer

M1 Group

Beirut, Lebanon
Category Company
Founded 1960
Sector Diversified
DESCRIPTION

M1 Group is a conglomerate that owns, manages and oversees investments and subsidiaries in diverse sectors such as telecommunications, real estate, aviation, fashion and retail, energy, and heavy industries. M1 Group was established in 2007 and is headquartered in Beirut, Lebanon.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Myanmar) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-06 Pepe Jeans

Barcelona, Spain

Pepe Jeans is a clothing group with brands such as Pepe Jeans and Hackett, with presence in Spain, Portugal, UK, France, Germany and Italy. With two thirds of its sales coming outside, the Group controls more than 200 shops and 6.000 points of sale. Pepe Jeans is based in Barcelona, Spain.

Buy -

Seller(S) 1

SELLER

Telenor

Fornebu, Norway
Category Company
Founded 1855
Sector Communications
Employees11,000
Revenue 80.5B NOK (2023)
DESCRIPTION

Telenor is a Norwegian multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations in Scandinavia, Eastern Europe and Asia. Telenor was founded in 1855 and is based in Fornebu, Norway.

DEAL STATS #
Overall 10 of 12
Sector (Communications) 4 of 5
Type (Divestiture) 10 of 11
Country (Myanmar) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-19 Tapad

New York, New York, United States

Tapad, Inc. provides cross-device data, digital linking, and distribution services. Tapad correlates data to connect brands to consumers globally across devices in a safe, privacy-first way via The Tapad Graph. Through innovation, a global roster of trusted data sources and methodologies, and strong customer relationships, we’re driving the industry toward realizing the full potential of digital advertising through identity resolution. Tapad was founded in 2010 and is based in New York City.

Sell $280M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-07 Telenor Norway

Fornebu, Norway

Telenor Norway is a telecom operator, with services ranging from fixed and mobile telephony to broadband and data communications services for residential and business customers, as well as wholesale services. Telenor Norway is based in Fornebu, Norway.

Sell -
Mergr

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