Chief Executive Officer of VimpelCom, Russia's contacts that the group believes that a big chance to complete the purchase of assets
Naguib Sawiris in the telecommunications sector, despite opposition from major shareholder Telenor.
The newspaper "Kommersant" Russia's economic Alexander Aizausimov "I think that the chances of (the deal) is great." He added that he still hoped to ensure that under the deal, VimpelCom control of the assets of the precious communication Sawiris in Algeria.
And the Norwegian Telenor Group is seeking to obtain a court ruling could hamper deal VimpelCom planned to buy Wind Telecom, owned by the Sawiris for more than six billion dollars, is scheduled to consider the case in court Feb. 25.
The transaction received support from the Alpha Group, owned by billionaire Mikhail Friedman, the main shareholder in VimpelCom other. The deal, VimpelCom to make one of the largest mobile phone service in the world by giving control of Egypt's Orascom Telecom and Uind Italian.
If she wins, Telenor issue of arbitration will be entitled to take its shares outstanding and the amount paid to VimpelCom capacity of about 15 billion crowns ($ 2.6 billion), but Aizausimov finds that the amount is higher. He continued: "According to estimates Mhamyina it is expected that the cost of these shares to Telenor for $ 3.3 billion."
Potential obstacles to the deal that Algeria is seeking to nationalize Jazzy crown jewel among the assets of Orascom. Aizausimov said he had not been any progress in this regard since early October, but was optimistic. He added "We are receiving signals on the possibility of the resumption of dialogue after the position became clear the deal, and" so it is too early to say now that the unit outside the Algerian deal. "
Naguib Sawiris in the telecommunications sector, despite opposition from major shareholder Telenor.
The newspaper "Kommersant" Russia's economic Alexander Aizausimov "I think that the chances of (the deal) is great." He added that he still hoped to ensure that under the deal, VimpelCom control of the assets of the precious communication Sawiris in Algeria.
And the Norwegian Telenor Group is seeking to obtain a court ruling could hamper deal VimpelCom planned to buy Wind Telecom, owned by the Sawiris for more than six billion dollars, is scheduled to consider the case in court Feb. 25.
The transaction received support from the Alpha Group, owned by billionaire Mikhail Friedman, the main shareholder in VimpelCom other. The deal, VimpelCom to make one of the largest mobile phone service in the world by giving control of Egypt's Orascom Telecom and Uind Italian.
If she wins, Telenor issue of arbitration will be entitled to take its shares outstanding and the amount paid to VimpelCom capacity of about 15 billion crowns ($ 2.6 billion), but Aizausimov finds that the amount is higher. He continued: "According to estimates Mhamyina it is expected that the cost of these shares to Telenor for $ 3.3 billion."
Potential obstacles to the deal that Algeria is seeking to nationalize Jazzy crown jewel among the assets of Orascom. Aizausimov said he had not been any progress in this regard since early October, but was optimistic. He added "We are receiving signals on the possibility of the resumption of dialogue after the position became clear the deal, and" so it is too early to say now that the unit outside the Algerian deal. "
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