Millicom board rejects Atlas offer
The independent committee for Millicom’s board of directors has expressed its belief that Atlas Investissement’s increased offer for the telco operator remains to be too low
EQT acquires Eutelsat Group business, France
EQT has entered exclusive negotiations to acquire an 80% interest in Eutelsat’s Ground Station Infrastructure Business, giving the target an enterprise value of €790 million
Illinois FPIF makes $150m infra fund commitments
Illinois Firefighters Pension Investment Fund approved fund commitments to vehicles managed by KKR and IFM earlier this month
Bharti Global buys 24.5% of BT Group, UK
Bharti Global has agreed to acquire a 24.5% stake in BT Group from Altice in a 2-part transaction valued at around £3.2 billion
Cellnex Austria acquired by Vauban-led consortium
Cellnex has sold its entire Austrian business to a consortium including Vauban Infrastructure Partners, EDF Invest and MEAG for €803 million
HSF hires Hirsch for Johannesburg office
Herbert Smith Freehills has hired Patrick Hirsch as a partner in the projects, energy and infrastructure team based in its Johannesburg office
Rakuten to lease Japan mobile assets
Rakuten Mobile plans to raise between ¥150 billion and ¥300 billion for the sale and leaseback of some of its mobile network assets in Japan
Texas TRS invests $75m with KKR
The Teacher Retirement System of Texas has completed a $75 million commitment to a KKR infrastructure fund
Brookfield raises $900m for infra in Q2
Brookfield Asset Management raised $900 million for its infrastructure business in Q2 2024, according to its quarterly earnings statement
Fidelity to launch LTAF, Europe
Fidelity yesterday received regulatory approval from the Financial Conduct Authority to launch a Long-Term Asset Fund
CORD refinances CRA debt, Czech Republic
London-listed Cordiant Digital Infrastructure has secured a CZK 5 billion refinancing for portfolio company České Radiokomunikace
Final bids in for Vacaville, CA broadband P3
The City of Vacaville, California has received final proposals for its fibre optic network P3, IJGlobal has learned
Stack Infrastructure secures $3bn for US projects
Colorado-based Stack Infrastructure has completed an additional $3 billion of green financing for 4 key US data centre projects after fundraising $1.3 billion in June
UPDATE: Stonepeak raises $3.15bn for opportunities fund
Stonepeak has reached final close on its infrastructure opportunities fund at its $3.15 billion hard cap, above an original $2.5 billion target