Morgan Stanley Infrastructure to bid for German fibre group

21 December 2020 - 12:00 am UTC

A Morgan Stanley Infrastructure Partners-backed fund will make an offer of around EUR 415m to acquire a German broadband provider and is planning further equity investments to upgrade its networks.

Morgan Stanley Infrastructure Partners said on Monday (21 December) that it will make a public takeover offer for Frankfurt-listed Tele Columbus for EUR 3.25 per share via its vehicle Kublai GmbH.

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Morgan Stanley Infrastructure to bid for German fibre group

A Morgan Stanley Infrastructure Partners-backed fund will make an offer of around EUR 415m to acquire a German broadband provider and is planning further equity investments to upgrade its networks.