Weather Investments

From Wikipedia, the free encyclopedia

Weather Investments is an investment vehicle controlled by Naguib Sawiris[1].

In June 2005 Weather Investments bought Wind Telecomunicazioni S.p.A., the third largest Italian mobile phone operator. The total value of the transaction was €12.2bn[2].

Also in June 2005 50% plus 1 share of Orascom Telecom Holding was transferred to Weather Investments [3].

In 2007 Weather Investments acquired the Greek mobile carrier TIM Hellas from Apax Partners and Texas Pacific Group (TPG) and rebranded it to WIND Greece in a deal worth Euros3.4bn (£2.4bn)[4].

[edit] References

  1. ^ Sunday Times 9 December 2007
  2. ^ Sunday Times 9 December 2007
  3. ^ Hadia Mostafa, Come Wind or High Water, Business Today Egypt, February 2006
  4. ^ Sunday Times 9 December 2007
 This Egypt-related article is a stub. You can help Wikipedia by expanding it.