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AINMT plans USD 50-70 mln private placement in Oslo

Monday 6 June 2016 | 12:59 CET | News
AINMT AS, part of Ukrainian-born US billionaire Len Blavatnik's Access Industries holding company, said it is contemplating a private placement of new shares with the aim of raising gross proceeds of USD 50 million to USD 70 million. The board has passed a resolution to work towards a listing on the Oslo Bors or Oslo Axess, or other regulated market, within twelve months. The decision is partly driven by the strong sales momentum in AINMT's Norwegian operation, in addition to increased international ambitions.

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Categories: Mobile & Wireless
Companies: ICE / Ice.net / Net1 / Telekomunikasi Indonesia
Countries: Indonesia / Norway / Philippines
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