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Mid Europa sells Bite to Providence

Private equity firm Mid Europa Partners has completed the sale of Bité Finance International BV (Bite) to funds affiliated with Providence Equity Partners.

The transaction was first announced on the 23 December 2015.
 
Bite controls a mobile operator in the Baltic countries (No2 in Lithuania and No3 in Latvia) that is focused on meeting growing demand in the region for a high quality network experience and providing excellent customer service. The Group offers a wide range of mobile services, internet access and data services for business and residential customers through its nationwide coverage. 

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