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France Telecom to increase stake in Egypt carrier

Authors :
Bender, Ruth
Source :
Wall Street Journal. Europe. April 7, 2009, A7
Publication Year :
2009

Abstract

The Arbitration Court of the International Chamber of Commerce has cleared the way for France Telecom S.A. to acquire Orascom Telecom Holding SAE's 28.75% stake in Egyptian mobile-phone operator Mobinil at $78.45 a share, in a deal worth $715 million. The acquisition gives France Telecom full control of Mobinil.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.197562848