Announced
Financials
Sources
Tags
Ukraine
Telecommunications Services: Other
postpaid mobile
prepaid
Acquisition
Majority
Private
Cross Border
Private Equity
Pending
Friendly
Single Bidder
Synopsis
NJJ Capital, a private equity firm, offered to acquire Lifecell, a telecommunication services provider, from Turkcell, a mobile phone operator, for $384m. The sales come a few months after Ali Taha Koc was appointed as the company’s new chief executive officer. Koc had served as a counselor in the Turkish government and was subsequently appointed as the head of information technologies at the Turkish Presidency.
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