Fairfax Financial Mulls Bid For WIND Mobile


News: Canada-based investment firm Fairfax Financial Holdings is considering making an acquisition offer for mobile operator WIND Mobile, reports the Globe and Mail, citing unnamed sources. This follows indications in March that Russian operator Vimpelcom, the parent firm, is likely to put WIND up for sale. Fairfax is in initial discussions with WIND and is yet to make a formal proposal, the sources added. The firm is mulling a proposal as part of a consortium or in partnership, the sources said.

This article is tagged to:
Sector: Telecommunications
Geography: Canada