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GTT to sell infrastructure unit to I Squared for $2.15 billion

GTT to sell infrastructure unit to I Squared for $2.15 billion

4 years ago
Anonymous $rxtAWepgzY

https://www.reuters.com/article/us-gtt-commns-divestiture/gtt-to-sell-infrastructure-unit-to-i-squared-for-2-15-billion-idUSKBN2711ZR

Telecommunications provider GTT Communications said on Friday it would sell its infrastructure unit to I Squared Capital in a $2.15 billion deal that would boost the private equity firm's plan to create a global fiber-optic network.

GTT to sell infrastructure unit to I Squared for $2.15 billion

Oct 16, 2020, 5:45pm UTC
https://www.reuters.com/article/us-gtt-commns-divestiture/gtt-to-sell-infrastructure-unit-to-i-squared-for-2-15-billion-idUSKBN2711ZR >Telecommunications provider GTT Communications said on Friday it would sell its infrastructure unit to I Squared Capital in a $2.15 billion deal that would boost the private equity firm's plan to create a global fiber-optic network.