Qatar Telecom (Qtel) plans to buy out a private equity partner’s stake in Iraqi telecoms operator Asiacell before offering shares in the company to the public, two banking sources said on Tuesday. Qtel has a 30-percent stake in Asiacell, Iraq’s number two operator, while London-based partner MerchantBridge has 19 percent. Morgan Stanley is assisting Qtel in the process, while MerchantBridge is being advised by Credit Suisse , the sources said on condition of anonymity.
No comments:
Post a Comment