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Monday, August 23, 2021

Goldman Sachs-backed broadband firm nears investment deal with Abu Dhabi Fund


Goldman Sachs-backed broadband firm nears investment deal with Abu Dhabi Fund



An investment group that includes Abu Dhabi’s sovereign-wealth fund is close to acquiring a minority stake in CityFibre Infrastructure Holdings in a deal that would value the U.K. fiber-optic-broadband provider at more than $2.7 billion, according to people familiar with the matter.

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