UK markets close in 3 hours 11 minutes
  • FTSE 100

    7,157.75
    +98.30 (+1.39%)
     
  • FTSE 250

    22,874.28
    +354.56 (+1.57%)
     
  • AIM

    1,195.20
    +7.64 (+0.64%)
     
  • GBP/EUR

    1.1759
    +0.0033 (+0.28%)
     
  • GBP/USD

    1.3316
    +0.0015 (+0.11%)
     
  • BTC-GBP

    43,023.17
    -923.01 (-2.10%)
     
  • CMC Crypto 200

    1,471.59
    +28.81 (+2.00%)
     
  • S&P 500

    4,567.00
    -88.27 (-1.90%)
     
  • DOW

    34,483.72
    -652.22 (-1.86%)
     
  • CRUDE OIL

    68.59
    +2.41 (+3.64%)
     
  • GOLD FUTURES

    1,787.50
    +11.00 (+0.62%)
     
  • NIKKEI 225

    27,935.62
    +113.86 (+0.41%)
     
  • HANG SENG

    23,658.92
    +183.66 (+0.78%)
     
  • DAX

    15,378.45
    +278.32 (+1.84%)
     
  • CAC 40

    6,837.99
    +116.83 (+1.74%)
     

Telenor and Thailand's True Corp plan $200 million VC fund

  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

BANGKOK (Reuters) - Norway's Telenor ASA on Monday said it would set up a venture capital fund with Thailand's True Corporation Pcl with a size of up to $200 million.

"We will set up a venture capital fund together with partners in the range of $100 to $200 million," Telenor Chief Executive Sigve Brekke said in a virtual news conference about the company's merger of Total Access Communication Pcl and Thailand's True Corp.

(Reporting by Chayut Setboonsarng; Editing by Ed Davies)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting