Announced

KKR has invested €450m in Deutsche Glasfaser from Reggeborgh.

Synopsis

KKR, a leading global investment firm, has invested €450m in Deutsche Glasfaser, fibre-optic operator and conctructor from Reggeborgh, a leading Dutch investment firm. With its planned investments, DG will help to connect more people with its high-speed fibre-optic network and thereby also support the German government in its ambition to achieve 100% broadband coverage with at least 50 megabit per second by 2018. "We are excited to partner with Reggeborgh in building a top infrastructure company. With our capital resources and experience, we will bring Deutsche Glasfaser to its next stage of development and thereby also contribute to the ambitious Digital Agenda of the German government." Johannes Huth, Member and Head of KKR Europe, Africa and Middle East.

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