KKR, Telefónica To Create Colombia'S First Nationwide Open Access Fiber Optic Network
KKR, Telefónica To Create ColombiaâS First Nationwide Open Access Fiber Optic Network Transaction is Valued at Approximately $500 Million and is Subject to Customary Regulatory Approvals. TelefÃnica Will Be a Minority Shareholder in New Company, With a 40% Stake. As Part of Agreement, Kkr Will Acquire a Majority Stake in TelefÃnica's Existing Fiber Optic Network. New Company Will Be Controlled by Kkr.company Will Be Run Independently by a Local Team in Colombia. Scotiabank and Bank Street Are Acting As Financial Co-advisors to Kkr on Transaction. New Company Plans to Expand Exis...
Source: cmlviz.com