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Temasek Seeks SingTel to Buy $3.1b Shin Corp Stake, Reuters Says

Singapore state investment co. has approached SingTel to buy its stake in Thai telecoms co. Shin Corp., Reuters reports, citing unidentified people familiar with the matter. * Temasek owns 41.6% of Shin Corp. through a subsidiary, according to report * Temasek held talks with SingTel late last yr and discussions have since stalled, Reuters says * NOTE: Temasek is SingTel’s biggest shareholder with 51.9% stake, according to data compiled by Bloomberg

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