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Etisalat, $6.4bn portfolio
- United Arab Emirates: Tuesday, June 21 - 2005 at 07:20
Etisalat's overseas investment commitment is now at $6.4bn for a total of four acquisitions, following the telco's $2.6bn successful bid for a stake in Pakistan Telecommunications, reported Gulf News. Etisalat and its bidding partner Dubai Islamic Bank will pay out 25% of the contract price, with the balance raised through bank finance.
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James McInerney, News EditorTuesday, June 21 - 2005 at 07:20 UAE local time (GMT+4)
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