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GC Asia
3i Infrastructure uses bank debt to fund German entry
3i Infrastructure, the UK investment trust, is leaning on bank debt facilities to finance a planned €182m acquisition for a majority stake in German broadband provider DNS:Net.
3i Infrastructure is taking a 60% equity stake in DNS:Net, marking the acquisitive company’s first major infrastructure investment in the German market.
The company is buying the stake from private equity firm Deutsche Beteiligungs and DNS:Net founder Alexander Lucke.
3i Infrastructure “has raised acquisition debt and a capex facility to ...Already a subscriber? Login
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