Global Infrastructure SherpaMorrison & Co acquires controlling stake in Telstra InfraCo Towers
Morrison & Co acquired a 49% stake in Telstra InfraCo Towers for $2.8 billion, valuing the business at $5.9 billion. The deal provides Telstra with capital to invest in its 5G network and other growth initiatives.
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"Morrison & Co consortium buys 49% of Telstra mobile towers for A$2.8b"
"Morrison & Co said it is part of a consortium that will acquire 49% of Telstra's mobile tower sites in Australia"
"The consortium managed by Morrision & Co includes the Future Fund, Australia's sovereign wealth fund, Sunsuper and the Commonwealth Superannuation Corp (CSC)."
"The consortium managed by Morrision & Co includes the Future Fund, Australia's sovereign wealth fund, Sunsuper and the Commonwealth Superannuation Corp (CSC)."
"The consortium managed by Morrision & Co includes the Future Fund, Australia's sovereign wealth fund, Sunsuper and the Commonwealth Superannuation Corp (CSC)."
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