Altice and KKR Announce the Creation of Hivory
KKR & Co. Inc. (KKR)
Last kkr & co. inc. earnings: 1/31 06:50 am
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Source: Business Wire
LONDON--(BUSINESS WIRE)-- Altice Europe and KKR, a leading global investment firm, today jointly announce the creation of Hivory, the largest independent telecoms tower company in France and third largest European tower company. The creation of Hivory follows the successful completion of the transaction announced in June, of KKR’s acquisition of a 49.99% stake in a portfolio of more than 10,000 of Altice’s French towers. Hivory is a high-quality telecoms infrastructure provider with a nationwide presence, benefiting from more than 10,000 strategically located sites with a diversified portfolio of ground-based towers and rooftops. The company is focused on serving the growing infrastructure needs for mobile operators to provide connectivity to all parts of the French population, meeting continued strong demand for data consumption and increased coverage. Through Hivory, Altice and KKR will proacti
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