Cloud networking company GTT to acquire Interoute in $2.3 billion deal
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February 26, 2018U.S. cloud networking firm GTT to buy Europe’s Interoute for $2.3 billion
February 26, 2018This post was originally published on this site
(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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