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EC clears KKR investment in Deutsche Glasfaser

Monday 7 September 2015 | 10:28 CET | News
The European Commission has cleared investment companies KKR and Reggeborgh's cooperation with the German operator Deutsche Glasfaser. In June, US investment fund KKR and Dutch investment firm Reggeborgh announced a partnership for a significant expansion of Deutsche Glasfaser. DG plans, constructs and operates fibre-optic networks in Germany and provides German households and companies with fast broadband connections. KKR will acquire a majority stake in DG, which is currently fully owned by Reggeborgh. In the coming years, they will invest EUR 450 million in expanding DG's infrastructure. 

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Categories: Fixed
Companies: Reggeborgh
Countries: Germany
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