American Tower agrees to $2.5bn sale of ATC India to Data Infrastructure Trust

American Tower agrees to $2.5bn sale of ATC India to Data Infrastructure Trust

American Tower Corporation (NYSE: AMT) has signed a definitive agreement to sell its Indian operations, ATC India, to Data Infrastructure Trust (DIT), affiliated with Brookfield Asset Management (NYSE: BAM, TSX: BAM). The transaction, valued at approximately INR 210 billion or $2.5 billion, is subject to customary closing conditions, including regulatory approvals, and is expected to […]