Announced
Financials
Sources
Tags
Cross Border
Friendly
Acquisition
Private
Minority
fiber-optic
Telecommunications Equipment
Netherlands
Private Equity
Pending
Single Bidder
Synopsis
PGGM, a provider of pension administration services, agreed to acquire a minority stake in Eurofiber, a fiber-optic network operator, from Antin Infrastructure Partners, a private equity firm. Financial terms were not disclosed. “We are delighted to welcome PGGM as shareholder and to continue our excellent relationship with Antin. Demand for digital infrastructure is growing robustly and with Antin and PGGM as partners we can continue our rapid deployment, in turn further enabling the European digital society," Alex Goldblum, Eurofiber CEO.
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