Shares in Singapore Telecommunications Z74 -3.15% (Singtel) slid 3.15% to $2.46 as at 9.50am on Apr 3.
It seems that negotiations for Singtel to divest a 20% stake in its Australian business, Optus, is off, according to Australian Financial Review. It is understood that talks between Singtel and Brookfield have ended for now, as they were unable to agree on terms, including the price.