HSBC mandated to run $2bn for hostile Newtel bid for Esat

03 Dec 1999

In the wake of the $47bn merger of Swedish telecoms company Telia with Telenor of Norway, the newly formed entity -named Newtel - has plunged into the European frenzy of telecoms takeovers. HSBC has won the mandate to arrange a $2bn facility for Newtel, to back its $1.59bn ...

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