Private Equity Snaps Up European Telecom Assets: KKR Sells Deutsche Glasfaser to EQT and OMERS for €2.8bn

Corporate Finance

Private Equity Snaps Up European Telecom Assets: KKR Sells Deutsche Glasfaser to EQT and OMERS for €2.8bn

Download as PDF Introduction KKR, the massive American private equity (PE) fund, has agreed on the 10th of February, 2020, to sell the ultrafast German fiber internet business Deutsche Glasfaser in a €2.8bn deal to EQT and Omers, respectively a private equity firm and a Canadian pension fund. According to Read more…

By BSIC, 4 years4 years ago

Corporate Finance

Reaching for the Sky: Cellnex acquires Arqiva’s Telecom Towers for £2bn

Cellnex Telecom SA [CLNX: BME] – Mkt cap as of 19/10/19: €12.24bn Arqiva – not listed Introduction On the 8th of October 2019, Arqiva announced the sale of its Telecoms business (TowerCo) to Cellnex for £2bn, which Arqiva will use to reduce its leverage, currently standing at a debt-to-equity ratio Read more…

By BSIC, 4 years4 years ago

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Corporate Finance