Morgan Stanley completed the acquisition of Tele Columbus for $488m.

Morgan Stanley Infrastructure Partners completed the acquisition of Tele Columbus, a cable provider in Germany, for $488m. United Internet, the top shareholder in the target agreed to divest its 29% stake for a stake in the MSIF. Rocket Internet, a European Internet company and 13% shareholder said it would support the transaction. “We support the Fiber Champion strategy and the management of Tele Columbus and are pleased that we can provide the funds for the implementation of the strategy and further fiber optic expansion. We see our participation as a long-term investment and will accompany Tele Columbus as an independent company in the future,” Christoph Oppenauer, Morgan Stanley Infrastructure Partners Executive Director. On September 8, 2021, Morgan Stanley exercised the right to delist the company.