Deal snapshot: OMERS Infrastructure to Acquire Mobile Tower Assets from Australia's TPG Telecom.

MANews-(C)2009-2022

Canadian pension funds OMERS Infrastructure has signed an agreement to acquire, from Australian telecommunications company TPG Telecom Ltd., 100% of its mobile towers and rooftop portfolio (the Tower Assets), for an enterprise value of AUD 950m (USD 659.66m), the fund said.

After the transaction, the Tower Assets, consisting of...

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