Singtel divests Australian tower network to AustralianSuper for $1.4 billion

Singtel divests Australian tower network to AustralianSuper for $1.4 billion

3 years ago
Anonymous $WHrWmjSJBZ

https://www.reuters.com/article/singtel-divestiture-australiansuper/singtel-divests-australian-tower-network-to-australiansuper-for-1-4-billion-idUSKBN2GR2JN

Singapore Telecommunications Ltd (Singtel) said on Friday it divested a 70% stake in its Australian network of towers to superannuation fund AustralianSuper for A$1.9 billion ($1.37 billion).