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Batelco eyes investment in North Africa
- Bahrain: Monday, September 07 - 2009 at 12:29
Peter Kaliaropoulos, chief executive of Bahrain Telecommunications (Batelco) has said the company is looking for acquisition opportunities in North Africa and the Middle East of up to $2bn, Reuters has reported. Although a combination of debt and equity will be funding the acquisition, 'it is far too early to announce any specific targets and the funding arrangements', he said.
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StaffMonday, September 07 - 2009 at 12:29 UAE local time (GMT+4)
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