|No Vimpelcom merger if vote delayed: Egypt Orascom|
|Written by Egypt News|
|Wednesday, 16 February 2011|
A chief executive of Orascom Telecom Khaled Bichara said that the parent company
of Egypt's Orascom Telecom will call off a $6
billion-plus deal with Vimpelcom if Vimpelcom shareholder Telenor blocks
a vote on the tie-up next month
Norwegian telecoms group Telenor has applied for an injunction to prevent a dilution of its stake in Russia's Vimpelcom if the deal to buy OT and an Italian telecoms firm gets voted through in a shareholder meeting on March 17.
» No Comments
There are no comments up to now.
» Post Comment
|< Prev||Next >|