11th Jun 2021 12:14
3i Infrastructure PLC - infrastructure investment company investing mainly in Europe and Asia - Completes acquisition of a 60% stake in DNS:NET, alongside Founder & Chief Executive Alexander Lucke, who has reinvested to retain a 40% stake.
Company has invested about EUR182 million to acquire the stake in DNS:NET, a telecommunications provider in Germany.
Established in 1998, DNS:NET owns the largest independent fibre-to-the-cabinet network in the Berlin area, as well as three data centres.
3i Infrastructure is buying its stake from private equity fund Deutsche Beteiligungs AG.
Current stock price: 305.61 pence
Year-to-date change: down 0.8%
By Paul McGowan; [email protected]
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