UBS acts as sole financial advisor to KPN on the sale of approx. 2,000 mobile towers for 393 million
Nov 15, 2012 (Menafn - M2 PRESSWIRE via COMTEX) --Today (15 November 2012), E-Plus Mobilfunk GmbH (E-Plus), the third largest mobile German operator and a fully owned subsidiary of Royal KPN NV (KPN), announced that it has entered into a binding agreement with American Tower Corp. (ATC) to sell a portfolio of approx. 2,000 mobile towers located throughout Germany for a purchase price of 393 million.
UBS acted as sole financial advisor to KPN on this transaction. This is the largest mobile tower transaction in EMEA to date.
See more information in KPNs press release on this: http://www.kpn.com/corporate/aboutkpn/Press/pressrel/KPN-sells-part-of-its-German-mobile-towers-portfolio.htm
UBS AG Media Relations
2 Finsbury Avenue London EC2M 2PP
Tel: 44 207 567 7769
Mobile: 44 7557323504
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to email@example.com.
(C)1994-2012 M2 COMMUNICATIONS