TPG, Farallon linked to GTL Infrastructure acquisition
TPG Capital and Farallon Capital are among the private equity investors interested in telecom tower business GTL Infrastructure. Sources told The Economic Times that a PE-led consortium of telecom player is the most likely buyer of the company, which is currently struggling with cost pressures.
GTL Infrastructure could be valued at as much as INR105 billion ($2.2 billion) but the market might decide this is on the expensive side. GTL Infrastructure is already working on an INR100 billion debt...
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