Spanish MVNO Masmovil has completed a €160m (US$176m) capital increase led by private equity firm Providence Equity Partners. Masmovil placed nearly 8.2 million shares at €19.55 (US$21.50) each to institutional and qualified investors. The proceeds will be mainly used fund its recent acquisitions of rival MVNO Pepephone for €158m (US$179m) in late April and MNO Yoigo for €625m (US$741m) in late June. Spanish […]