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BRIEF-Axiata Group Updates On Impact Of Idea Cellular-Vodafone India Merger Approval On Co

July 27 (Reuters) - Axiata Group Bhd:

* GROUP'S STAKE IN COMBINED ENTITY IS DILUTED TO 8.17% FROM 16.33 PCT, AT COMPLETION OF MERGER BETWEEN IDEA CELLULAR, VODAFONE INDIA

* SEES TECHNICAL NONCASH ACCOUNTING ADJUSTMENT BETWEEN 1.5 BILLION RGT-3 BILLION TO BE CAPTURED Q2 2018 RESULTS

* NON-CASH TECHNICAL TREATMENT DOES NOT HAVE ANY IMPACT TO AXIATA'S UNDERLYING PERFORMANCE AND CASH POSITION

* RECLASSIFICATION SIGNIFIES THAT IDEA'S PROFIT OR LOSSES WILL BEAR NO FURTHER IMPACT TO GROUP’S FINANCIALS GOING FORWARD Source text http://www.bursamalaysia.com/market/listed-companies/company-announcements/5868101 Further company coverage: