Russian billionaire Mikhail Fridman’s Altimo launched on Tuesday an offer to buy out minority shareholders in Egypt’s Orascom Telecom for around $1.8-billion. Egypt’s stock exchange said in March that a Cyprus-based firm owned by Altimo had offered $0.
via Pocket http://www.theglobeandmail.com/report-on-business/international-business/altimo-offers-18-billion-to-buy-out-minority-shareholders-of-wind-mobile-parent/article11253655/
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