PE-backed Globalive buys Vimpelcom's stake in Wind Mobile: Reuters
Globalive Capital, the investment company of Wind Mobile's founder confirmed it would buy Vimpelcom Ltd's majority stake in the young Canadian wireless company, promising a fresh boost of capital as it seeks to cement its place as a major national player, Reuters reported. The estimated $300 million deal was funded by a consortium of private equity investors including West Face Capital, Tennenbaum Capital Partners, LG Capital Investors, Serruya Private Equity and Novus Wireless Communications.
16 September 2014•2 mins read
