Doha: Ooredoo has won two of EMEA Finance’s most significant awards in its annual Achievement Awards: “Borrower of the Year” and “Best M&A Deal of the Year”.
Ooredoo was awarded the “Best M&A Deal of the Year” for its $1.8bn tender offer for shares in Wataniya Telecom which took Ooredoo’s holding to 92.1 percent. 2012 also saw Ooredoo increase its holding in its Iraqi business, Asiacell, to 53.9 percent, then in February 2013 to 64 percent. In addition, Ooredoo bolstered its holding in Tunisiana, the Tunisian mobile operator, to 90 percent.
The awards were presented at EMEA Finance’s Annual Achievement Awards Charity Dinner held in London on June 20.
The Peninsula
