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