Announced
Financials
Sources
Tags
Mexico
telecommunication infrastructure
Telecommunications Equipment
Acquisition
Minority
Private
Private Equity
Cross Border
Pending
Friendly
Single Bidder
Synopsis
Ardian, a private equity firm, agreed to acquire a 50% stake in Mexico Infrastructure Partners-backed MXT Holdings, a telecommunications infrastructure company. Financial terms were not disclosed. “MXT is Ardian's first direct investment in Mexico, continuing our opportunistic approach in Latin America and complementing our overall Americas Strategy. Its growing economy and dynamic telecommunications market gives us confidence in our ability to deliver strong risk-adjusted returns to our investors,” Stefano Mion, Ardian Co-Head of Infrastructure.
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