Announced

AXA IM and Swiss Life Asset Managers to acquire lyntia Networks from Antin Infrastructure Partners for €2bn.

Synopsis

AXA IM, a provider of alternative investments, and Swiss Life Asset Managers, an investment management firm, agreed to acquire lyntia Networks, a Spanish fibre business, from Antin Infrastructure Partners, a private equity firm, for €2bn. “This investment guarantees the long-term support of experienced telecom investors that will bring value to our customers and contribute to the development of the gigabit society in Spain through expertise in dark fibre, lit fibre and edge data centres. I would like to thank Antin for its fantastic support in helping grow lyntia’s network and business in Spain, and welcome our new shareholders, AXA IM Alts and Swiss Life Asset Managers, to continue developing this exciting project," José Antonio López, lyntia Networks CEO.

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