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TMCNet:  Canadian fund takes Leighton's telco

[February 20, 2013]

Canadian fund takes Leighton's telco

Feb 20, 2013 (The Australian Financial Review - ABIX via COMTEX) -- Leighton Holdings' telecommunications assets have been acquired by Canadian fund Ontario Teachers' Pension Plan. Leighton sold 70 per cent of its telco portfolio, including Nextgen Networks, Infoplex and Metronode. The deal valued the assets at $A885 million. The favoured buyer had been TPG Telecom.



Publication Date: 21 February 2013 LEIGHTON HOLDINGS LIMITED - ASX LEI TPG TELECOM LIMITED - ASX TPM ONTARIO TEACHERS' PENSION PLAN NEXTGEN NETWORKS PTY LTD INFOPLEX PTY LTD METRONODE PTY LTD MACQUARIE CAPITAL PTY LTD PCCW LIMITED APOLLO GLOBAL MANAGEMENT LLC PERPETUAL INVESTMENTS PERPETUAL LIMITED - ASX PPT

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