Funds advised by Apax Partners announce the purchase of shares in Weather Investment S.p.A
June 6, 2008
Funds advised by Apax Partners Worldwide LLP, Madison Dearborn Partners, LLC and TA Associates, Inc. have announced the purchase of shares in Weather Investments S.p.A. Weather Investments is a leading international telecommunications company offering mobile, fixed, Internet and international communication services to over 90 million subscribers in Algeria, Bangladesh, Egypt, Greece, Italy, Pakistan, and Tunisia and has acquired in early 2008 a license to operate mobile services in North Korea. Weather Investments operates through its subsidiaries Orascom Telecom Holding S.A.E., Wind Telecomunicazioni S.p.A. and Wind Hellas S.A.