Temasek Invests in Virgin Mobile Latin America
Posted on 05/15/2014
Singapore’s Temasek Holdings has participated in the US$ 86 million equity capital raise for Virgin Mobile Latin America Inc (VMLA). The capital will be used to fund expansion in Brazil and Mexico. Founded in 2010, VMLA’s shareholders include billionaire Richard Branson’s Virgin Group. There are over half billion wireless consumers across Latin America. “The proceeds […]