Vodafonewatch

TPG sells towers to Canadian pension fund

2022-05-09T14:18:00

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Source: OMERS

CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.

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