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New Deal


Announced

CPP Investments to invest C$625m in V.Tal.

Financials

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Transaction Value£387m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Telecommunications Equipment

Single Bidder

Acquisition

Cross Border

fiber-to-the-home

telecommunication infrastructure

Pending

Friendly

Brazil

Minority

Private

Private Equity

Synopsis

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Canada Pension Plan Investment Board, a global investment management organization, agreed to invest C$625m ($468m) in V.Tal, a neutral fiber-to-the-home network provider in Brazil. V.Tal currently accounts for about 14% of Brazil’s fiber network and reaches nearly 20m households across the country. The company intends to continue expanding its footprint in Brazil, a market with substantial unmet demand for high-speed connectivity.

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