Crown Castle signed a definitive agreement to sell fiber segment units, together with certain supporting assets and personnel, to EQT Active Core Infrastructure fund and Zayo Group Holdings for an aggregate $8.5 billion.
- EQT to acquire small cells business and Zayo to acquire the fiber solutions business
- Transaction expected to close in 1H26
- Crown Castle sees using proceeds from the deal to repay debt and fund anticipated share repurchases
- Company instituting a share repurchase program of approximately $3 billion in conjunction with the transaction’s closing
- NOTE:
Zayo Said to Vie for Crown Castle Unit as TPG Talks Cool
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