Announced
Completed
Financials
Tags
Cross Border
Friendly
Single Bidder
Data Centers and Hosting
United States
data centers
Acquisition
Majority
Private
Private Equity
Completed
Synopsis
Morgan Stanley Infrastructure Partners, a company involved in private infrastructure equity investing, completed the acquisition of a 70% stake in UltraEdge, a datacenter company, from Altice France, a provider of wireless telecommunication services, for €535m. "The transaction reflects Altice France’s strategy around balance sheet management, which notably includes executing inorganic deleveraging through pro-active management of our non-core asset portfolio. Furthermore, the transaction will strengthen Altice France on its objectives to provide best in class telecommunication services to its clients as the datacenter infrastructure continues to be upgraded, expanded and densified," Altice France.
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