Cosmote, wholly owned by Greek incumbent OTE, has acquired an additional 12.6 percent stake in Albania Mobile Communication (AMC). The deal is worth EUR 48.2 million and raises Cosmote’s stake in the company to 97.6 percent. The transaction was made with the state of Albania for the shares, outbidding Nexus Private Equity Partners, Bedminster Capital [...]
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February 16, 2009
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