Announced
Financials
Tags
Majority
VSDL internet
Private
Germany
Pending
Internet
Cross Border
Acquisition
Friendly
Private Equity
Single Bidder
Synopsis
John Laing Group, the responsible investor and active manager of infrastructure projects internationally, agreed to acquire EFN eifel-net Internet-Provider and Jobst NET, two German fibre communications providers, for €30m. "We look forward to working together with the management team to accelerate the rolling out of high-speed internet access across underserved communities across Germany, and contributing to the German government's plan to deliver nationwide gigabit internet access by 2025," Ben Loomes, John Laing CEO.
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