Skip to main content

news

Allen & Overy has advised Singapore Telecommunications (Singtel) on the A$1.9 billion ($1.4 billion) sale of stake in its Australian Tower Network (ATN) to Australia’s superannuation fund AustralianSuper, which was represented by Allens.

According to Reuters, the deal involves the sale of 2,312 mobile network towers and rooftop sites.and values ATN at A$2.3 billion

Singtel is also in talks with Telkom Indonesia to explore acquiring and building data centre assets in Indonesia and the region, Reuters added.

The Allens team was led by partners Wendy Rae, Jessica Choong and Phil O'Sullivan.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.