Barbarians storm the gate with Eu12bn LBO for Wind
ABN Amro, Deutsche and Sanpaolo IMI began building a new landmark in the European capital markets this week as they launched syndication of the continent's largest ever leveraged buy-out — the Eu12.138bn purchase of Italian telco Wind.
A consortium called Weather, led by Egyptian entrepreneur Naguib Sawiris, is buying the mobile operator Wind from Enel, the Italian utility firm.More than twice as big as Seat Pagine Gialle, the previous largest European LBO — the Italian directories firm was bought out for ...
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