Reuters first with news of Maxis’s $2 bln IPO plans, banks hired for the job

Reuters scored an exclusive on Aug 5 when it reported that Malaysia’s biggest mobile phone operator, Maxis Communications, is planning a $2 billion Malaysia listing, making it the country’s biggest IPO since 1995. Reuters also had the adviser on the sale: Goldman Sachs, Credit Suisse and CIMB to advise on the sale. Dow Jones came out with a story with few details more than two hours later, while Bloomberg ran up the Reuters report late that evening.