Business Standard

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


(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)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News