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Stock Market & Financial Investment News

News Breaks
June 11, 2014
07:26 EDTAMT, SBAC, CCI, TSUBR Towers joins Brazilian firms in $4B tower sale increase, Bloomberg says
Brazilian companies are approaching U.S. tower operators to solicit offers for more than $4B in wireless assets being sold in three different auction processes, according to Bloomberg, citing people with knowledge of the pending transactions. BR Towers, Grupo TorreSur and Tim Participacoes (TSU) are all looking to divest towers in separate agreements valued at more than $1B each. BR Towers is pitching the sale of its assets to American Tower (AMT), Crown Castle (CCI), and SBA Communications (SBAC). Reference Link
News For AMT;CCI;SBAC;TSU From The Last 14 Days
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June 29, 2015
06:52 EDTAMTAmerican Tower, Carlyle leading bidders for Reliance stake, Economic Times says
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June 23, 2015
06:50 EDTAMTAmerican Tower, IHS Nigeria interested in Mobily, Bloomberg reports
American Tower and IHS Nigeria are said to be interested in Saudi Arabian tower company Mobily, which is operated by Etihad Etisalat Co, Bloomberg reports, citing two sources. Mobily, which could be valued at $2B in a sale, has hired TAP Advisors, and discussions are at an early stage with no bids submitted. Reference Link

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