TPG in Advanced Talks to Acquire Crown Castle's Fiber Unit
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TPG is in advanced discussions to acquire Crown Castle's fiber unit for approximately $8 billion. This acquisition could significantly impact Crown Castle's business structure and financials.
December 20, 2024 | 7:45 pm
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Crown Castle is in advanced talks to sell its fiber unit to TPG for nearly $8 billion. This sale could streamline Crown Castle's operations and provide significant capital.
The sale of the fiber unit could provide Crown Castle with substantial capital, potentially improving its financial position and allowing it to focus on its core business. This is likely to be viewed positively by investors.
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