UAE’s Etisalat Walks Away From $12 Bln Zain Deal
Etisalat cites due diligence, unrest, divided Zain board; UAE firm would have expanded into key Iraq market; Impact unclear on bidders for Zain Saudi assets.
March 19, 2011 3:01Register for our free newsletter
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Etisalat cites due diligence, unrest, divided Zain board; UAE firm would have expanded into key Iraq market; Impact unclear on bidders for Zain Saudi assets.
March 19, 2011 3:01"We were not buying Zain, we were buying a stake in Zain KSA" says Balteco CEO Peter Kaliaropoulos.
March 19, 2011 2:58Etisalat says making 'good progress' with due diligence; UAE firm 'highly confident' it will get needed financing
January 29, 2011 2:40