Dubai Holding sells stake in Axiom Telecom
- United Arab Emirates: Saturday, June 25 - 2011 at 09:25
Dubai Holding has announced is has sold a 14% stake in Axiom Telecom, as part of Qatar Mannai Corp's stake buy in the Dubai-based mobile phone retailer, Gulf News has reported. Dubai Holding's unit, Emirates International Telecoms (EIT), will retain a 26% stake in Axiom after the sale, it said, without providing a value for the deal.
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