Altice USA in talks with Stonepeak for the sale of minority stake in its Lightpath fiber unit
Cable television provider, Altice USA, is in advance talks with Stonepeak Infrastructure Partners, for the sale of minority stakes in its Lightpath fiber unit.
The deal could potentially fetch about US$3 billion of investment. Altice USA will keep the majority stake in its unit.
Lightpath provides Internet, telephone, data transport, and other services to businesses in and around New York City. It has about 350,000 miles of the fiber connection.
Country updates
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July 25, 2019
Morgan Stanley’s Presidio completes acquisition of western Anadarko Basin O&G assets of Apache
The portfolio company majority-owned by investment funds managed by Morgan Stanley Energy Partners, Presidio Petroleum, has completed the acquisition of all the oil and natural gas asse...
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July 25, 2019
Four consortia shortlisted for the biomass plant project in Hanover
The Dartmouth college in the US state of New Hampshire has shortlisted four consortia for Biomass energy PPP project of Dartmouth College in Hanover. The four bidding consortia are: Blackstone, Aff...
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July 24, 2019
Financial Close On Third Phase of Mixed-Use Student Housing Project for Texas University
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July 23, 2019
Colorado selected Kraemer North America for rebuilding of US 36
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July 23, 2019
Blackstone closes eighth fund at $11.1bn
Strategic Partners, Blackstone’s secondary and fund solutions business, has reached the final close on over US$11 billion for Strategic Partners VIII L.P. and its related committed program vehic...
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