Data Infrastructure Trust | Brookfield to acquire Indian arm of American Tower Corporation in a USD 2.5 billion deal
ATC India has a portfolio of approximately 78,000 sites across India
Source: telegraphindia.com
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Brookfield to acquire ATC's India telecom tower business for $2.5 bn
Data Infrastructure Trust, an Indian infrastructure investment trust sponsored by Brookfield Asset Management Inc., has signed an agreement to acquire American Tower Corp’s operations in ......
Source: vccircle.com
Telecom | Brookfield to acquire Indian business of American Tower Corporation for $2 billion enterprise value
The transaction is subject to regulatory approvals and expected to close in the second half of 2024.
Source: telegraphindia.com
Brookfield to buy ATC's India business for $2 bn
Canada-based Brookfield will acquire the Indian business of American Tower Corporation (ATC) for an enterprise value of $2 billion, a release said on Friday. The transaction is subject to regulatory approvals and expected to close in the second half of 2024. 'Data Infrastructure Trust (DIT), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management, today announced the signing of an agreement with ATC to acquire 100 per cent of equity interests in American Tower's operations in India (ATC India), for an enterprise value of Rs 16,500 crore ($2 billion) which is...
Source: rediff.com
American Tower sells its India business to Canada's Brookfield in a $2.5 bn deal
American Tower Corp (ATC) has agreed to sell its India operations to Canadian buyout firm Brookfield in a deal worth around Rs21,000 crore ($2.5 billion) in total.
Source: domain-b.com