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EQT – Acquisition of fiber asset in Sweden

 

Stockholm-based EQT’s Infrastructure IV fund is buying IP-Only from the EQT’s private equity Mid Market and Mid Market Europe funds for an enterprise value of SEK 18.25bn (EUR 1.7bn), plus a further potential SEK 1bn. IP-Only has a 16.000 km fiber network which covers 200.000 homes and 3.000 corporate and public sector customers in Sweden. Financial details of the transaction have not been disclosed.