Infracapital to acquire Breitbandversorgung Deutschland.

Infracapital, the infrastructure equity investment arm of M&G, agreed to acquire Breitbandversorgung Deutschland, a fibre network operator in Southern Germany. Financial terms were not disclosed. "We’re delighted to announce this acquisition and see a great opportunity to work alongside BBV’s excellent management team to further expand the business. Infracapital has significant and complimentary experience of investing in the sector in both Europe and Germany specifically, and weare excited to deliver enhanced connectivity for local communities through this partnership, whilst creating long-term value for our investors," James Harraway, Infracapital Managing Director.