mubadala
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CityFibre shareholder Mubadala Investment Company has committed a further £300m in equity to support its participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. -
Princeton Digital Group has raised more than US$500 million in an equity fundraise that saw three investors backing the firm.
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IXcellerate has raised around $190 million in financing from new and existing investors.
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Yahsat is likely to price its IPO at AED 2.55 to AED 3.05 per share (US$0.69 to $0.83), raising up to US$810 million.
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Bank of America and Morgan Stanley have been hired as advisors for the potential initial public offering (IPO) of Al Yah Satellite Communications Company (Yahsat).
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Mubadala has announced that it will become a minority shareholder Group42 (G42), the Abu Dhabi-based artificial intelligence and cloud computing company.
Forthcoming events
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Global Carrier Awards 2022
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Capacity Europe 2022
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Saudi Arabia’s Public Investment Fund (PIF) has become the 10th investor to back Reliance Industries’ Jio Platforms, taking a 2.32% equity stake for US$1.5 billion.
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Two major UAE sovereign wealth funds have become the latest backers to claim a stake in India’s digital future in less than seven weeks, after Jio Platforms confirmed it has received almost US$2 billion over two deals.
Forthcoming events
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
