Yes. CTI Movil was formerly owned by 1 private investor.
CTI Movil is headquartered in Córdoba, Argentina.
CTI Movil is a communications company.
Córdoba,
Argentina,
CoInvest assembled an investor group, which included Organización Techint (Argentina), HSBC Tower Fund (Argentina), América Móvil (Mexico) and Deutsche Bank (US) to acquire CTI, one of the four major wireless telecommunications operators in Argentina, which was in default on total debt of over US$1.1 billion. Six months after take-over, CoInvest completed the financial restructuring of the company which led to a negotiation among members of the investor group ending in América Móvil buying out all other investors.
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