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Cloud networking company GTT to acquire Interoute in $2.3 billion deal

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Reuters
(Reuters) - U.S. cloud networking company GTT Communications Inc said on Monday it would buy European peer Interoute in an all-cash deal valued at about 1.9 billion euros, or $2.3 billion.
GTT said it will fund the deal with a combination of debt and equity, and that it expects to close the deal in three to six months.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Savio D'Souza)

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First Published: Feb 26 2018 | 7:24 PM IST

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