UPDATE: Flagship fund nears $500m first close

A global infrastructure manager is close to holding a $500 million first close for the latest vintage of its flagship vehicle, which will target $1.5 billion

Time is ticking on Malaysia 5G M&A

Negotiations continue between the government of Malaysia and the country’s 4 largest telcos about gaining control of state-owned 5G wholesale provider Digital Nasional

Kinetic Group buys Ecuadorean telecoms portfolio

Orlando-based Kinetic Group is to acquire a portfolio of Ecuadorean telecoms assets

Telia Latvia completes sale to Tet SIA

Telecommunication services provider Telia has completed the sale of Telia Latvia to Latvian telco Tet SIA for €10.75 million

Campbell Lutyens makes 3 hires

Campbell Lutyens has expanded its GP capital advisory team with 3 new hires including 2 senior appointments

MUFG promotes 2 in Asia Pacific

MUFG has made 2 Singapore-based senior appointments within its global corporate and investment banking unit in Asia Pacific, effective tomorrow

Macquarie hits final close on $4.2bn infra fund

Macquarie Asset Management has reached final close of its third Asia Pacific infrastructure fund

ADB spurs Philippines capital markets development

Asian Development Bank has approved a $400 million policy-based loan to further deepen the country’s domestic capital markets, especially for infrastructure development

Italian telcos sign MoU for integration

TIM Group and Open Fiber have signed a memorandum of understanding with all relevant parties, confirming the integration of the 2 networks

NBOs expected for stake in french telco

Non-binding offers for Brookfield Infrastructure Partners’ minority stake in French telco TDF Group are due end July

Full national security assessment for Altice’s BT acquisi...

Altice’s acquisition of a further 6% in BT shares has been called into question by the UK government, initiating a full national security assessment

Basalt to acquire US telecom assets

Basalt Infrastructure Partners is set to acquire digital infra business Skyway Towers from Tinicum for an undisclosed sum

AIIB opens China’s sustainability bond market to SSAs

‘Super tight’ pricing from multilateral development bank paves way for more RMB sustainability bonds

Freedom Fibre raises £100m with Equitix backing

Freedom Fibre is set to expand across the North-West of England, having secured an £84 million ($105m) commitment from Equitix, alongside a £16 million debt facility from Santander