InfraCo Towers $2.8bn interest deal complete
InfraCo Towers $2.8bn interest deal complete
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Firm:Allens (Morrison & Co and the consortium led by the Future Fund Board of Guardians).
Deal: Morrison & Co and the consortium led by the Future Fund Board of Guardians and including Commonwealth Superannuation Corporation and Sunsuper Superannuation Fund have been advised on the acquisition of a 49 per cent interest in Telstra Corporation’s telecommunications network tower business, InfraCo Towers.
Value: $2.8 billion.
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Area: M&A, technology, media and telecommunications.
Key players: A cross-practice team from Allens advised on the deal, led by M&A and funds sector leader Emin Altiparmak and TMT sector lead Gavin Smith.