YOU ARE AT:Archived ArticlesTIW expands purchase offer

TIW expands purchase offer

MONTREAL—Telesystem International Wireless Inc. said it has given notice to extend its purchase offer for all outstanding units in exchange for 5.46 subordinate voting shares of TIW for each unit tendered.

Unless further extended or withdrawn, the offer, which is part of the company’s overall recapitalization plan announced last November, will expire at 11:59 p.m. Montreal time January 31, 2002.

ABOUT AUTHOR