Announced
Financials
Tags
Cross Border
Friendly
television
radio
broadcasting services
Radio and TV Broadcasters
Spain
Private
Pending
Private Equity
Single Bidder
Acquisition
Synopsis
Asterion Industrial Partners, an independent investment management firm, agreed to acquire Axión, a Spanish towers business, from AMP Capital, a global investment manager. Financial terms were not disclosed. “We look forward to working with its first-class management team, applying our industrial approach, to create an integrated telecommunications infrastructure platform, with a unique portfolio of towers enriched with wide-ranging backhaul capabilities and a superior fibre network. Furthermore, through Lineox, our portfolio company acquired from Telefónica earlier this year, and deep sector experience, we are distinctively positioned to create a compelling end-to-end connectivity offer to our customers extremely well suited to capture the next growth wave of 5G and the Internet of Things,” Guido Mitrani, Asterion Industrial Partners Founding Partner.
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