Consolidation in Romania As Cosmote Buys Zapp (Cellular-News.com)
June 30, 2009 by
Filed under Debt Consolidation
Greece’s Cosmote Group confirmed earlier rumours and has signed a deal to buy Romania’s Telemobil (Zapp) for a total consideration of around EUR205 million.
Emaar’s Merged Entity to Have $3.65 Billion in Debt (Update1) (Bloomberg)
June 28, 2009 by
Filed under Debt Consolidation, Debt Counseling
June 28 (Bloomberg) — Emaar Properties PJSC , the Middle East’s largest real-estate developer, said the entity created by its merger with three state-controlled competitors will have 13.4 billion dirhams ($3.65 billion) in debt obligations. Emaar shares dropped the most since November.