Monday, 21 May 2018

AINMT to buy up to 60% of Nextel Brazil

By Nick Wood, Total Telecom
Tuesday 06 June 17

Sweden-based telco group agrees to acquire an initial 30% for $50 million.

Sweden-based telco group AINMT Holdings on Tuesday agreed a deal that could see it acquire up to 60% of Nextel Brazil. The two-step transaction will see AINMT spend $50 million (€44.38 million) on an initial 30% stake in NII Holdings-owned Nextel; it will fund the investment by issuing new shares worth a total of $50 million-$75 million…

Sweden-based telco group AINMT Holdings on Tuesday agreed a deal that could see it acquire up to 60% of Nextel Brazil. The two-step transaction will see AINMT spend $50 million (€44.38 million) on an initial 30% stake in NII Holdings-owned Nextel; it will fund the investment by issuing new shares worth a total of $50 million-$75 million…

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