Tech news Vimpelcom Resolves Algeria Row with $2.6 bln Stake Sale Yomna Yasser Apr 19, 2014 0 Russia's Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake…
Tech news Orascom Telecom Jumps to 4-Year High on Buyout Flop: Cairo Mover Administrator May 28, 2013 0 Orascom Telecom Holding SAE (ORTE) rose to the highest level in more than four years after a buyout offer, which…
Tech news Russia’s Fridman Faces Africa Setback After Bid For Egypt Orascom Failed Yomna Yasser May 28, 2013 0 Russian billionaire Mikhail Fridman suffered a second setback this year for an effort to expand his…
Tech news Vimpelcom Plans To Delist Orascom Stock-Sources Yomna Yasser May 18, 2013 0 Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH)…
Tech news Egypt’s Orascom Telecom Shares Rise On Hopes Of Better Buyout Offer Yomna Yasser May 16, 2013 0 Egypt's Orascom Telecom (OT) (ORTE) helped lift Cairo's bourse the Egyptian Exchange on Wednesday after the…
Tech news Egypt’s Orascom Telecom Says Turns Down Altimo’s Offer Yomna Yasser May 15, 2013 0 Egyptian group Orascom Telecom Holding's management has recommended shareholders reject an offer by a subsidiary of…
EGX Egypt Acquisition Tax Repeal Seen Before Orascom Telecom Deal Yomna Yasser Apr 18, 2013 0 A law that will cancel a 10 percent acquisitions tax in Egypt will be announced before Altimo’s purchase of…
Tech news Russia’s Altimo Confirms Offer For Sawiris’ Orascom Yomna Yasser Apr 16, 2013 0 Russian billionaire Mikhail Fridman's Altimo on Tuesday confirmed that a subsidiary has offered to buy 100 percent…
EGX Orascom Telecom Bid Fails To Buoy Disillusioned Egypt Market Yomna Yasser Apr 2, 2013 0 A buyout offer for Orascom Telecom Holding (ORTE.CA), Egypt's second-largest listed company, failed to buoy a…
Industry & Trade Telenor to Lift Stake in Vimpelcom in Options Deal Yomna Yasser Aug 16, 2012 0 Telecoms firm Telenor will purchase another 3.5 percent of Vimpelcom after Egyptian tycoon Naguib Sawiris' Weather…