Breaking News: Lumen sheds $1.8bn EMEA digital infrastructure business Breaking News: IPI Partners targets $4bn for third data centre fund Breaking News: Chinese data centre giant VNET Group evaluating new $1.1bn share buyout Breaking News: Three people critically burned after major electric explosion at Google’s data centre Breaking News: Macquarie buys position in ST Telemedia’s VIRTUS Data Centres Breaking News: Digital Realty consolidates Africa play with closing of $3.5bn Teraco takeover
SR Johor report
Trending
Latest

DigitalBridge teams up with Brookfield to buy $17.5bn majority stake in GD Towers

The transaction values GD Towers, the mobile telecommunications tower business of Deutsche Telekom AG (XETR: DTE), at $17.5 billion.

By TTC Newsroom

2 Mins

July 14, 2022 | 12:36 PM BST

DigitalBridge teams up with Brookfield to buy $17.5bn majority stake in GD Towers

DigitalBridge Group, Inc. (NYSE: DBRG) has announced that funds affiliated with its investment management arm (collectively, “DigitalBridge”) together with Brookfield Infrastructure (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively, “Brookfield”) have reached an agreement to acquire a 51% ownership stake in GD Towers.

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

Subscribe Free
Login & Continue Reading
Take me back to the homepage
Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Share this article
Focused on Truth
Keywords
More From
Avatar

TTC Newsroom

Read All

Related Articles