Abu Dhabi Investment Buys OrasInvest

Abu Dhabi Investment Co. has agreed to acquire OrasInvest from Orascom Telecom for $180 million, including $90 million in cash and $90 million in interest-bearing promissory notes due 12 months after the deal closes. OrasInvest builds and maintains mobile phone transmission towers, and provides other related services. It will maintain its contracts with Orascom Telecom.