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ECI sold to Shaul Shani and Ashmore for $1.2bn(2)Nasdaq-listed ECI Telecom has been sold to Ashmore Investment Management and telecoms investor Shaul Shani, continuing a strong week for buyout firms in the telecoms sector.
- ECI sold to Shaul Shani and Ashmore for $1.2bn
Nasdaq-listed ECI Telecom has been sold to Ashmore Investment Management and telecoms investor Shaul Shani, continuing a strong week for buyout firms in the telecoms sector.
- Ashmore raises third global distressed fund
The London-based emerging markets specialist has made an initial close on $1.3bn for its Global Special Situations Fund 3.