American Tower Corporation $400 million acquisition of 14.55% stake in ATC Telecom Infrastructure

29/3/2019

Private acquisition

Dollar value:

$ 400 million

Status:

Announced

Date:

29/3/2019

Overview:

Telecommunications infrastructure developer American Tower Corporation has acquired a 14.55% stake in ATC Telecom Infrastructure from Tata Teleservices and the IDFC Private Equity Fund for $400 million.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firm:

AZB & Partners

Party: American Tower Corporation (Acquirer)

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