Allen & Overy acts for EQT on IslaLink sale
Allen & Overy advised EQT Infrastructure II Fund on the sale of Spanish telecom infrastructure provider IslaLink to Canadian infrastructure investor Fiera Infrastructure.
The deal was valued at €150 million, according to Mergermarket.
IslaLink provides telecoms infrastructure in and around the Balearic Islands, operating the only ‘route-redundant’ fiber infrastructure connecting Mallorca and Ibiza with the Spanish mainland.
EQT is a leading investment firm with approximately €49 billion in raised capital across 26 funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than €19 billion and approximately 110,000 employees.