$WBD 'Polish Broadcaster TVN Owners Begin Sale Process, Sources Say; Warner Bros Discovery Is Working With Advisers From JP Morgan; Sales Materials Due To Be Distributed Early Next Year; Group's Value Could Exceed $1B'
$TPG $CCI In talks to acquire Crown Castle's fiber unit for ~$8 billion.
$CCI (-1.1% pre) TPG Said In Advanced Talks To Buy Crown Castle (CCI) Fiber Unit - Bloomberg https://t.co/FIK7HqiH6e
TPG is reportedly in advanced negotiations to acquire the fiber unit of Crown Castle for approximately $8 billion. This potential deal comes as Crown Castle's stock has seen a slight decline, with shares down 1.1% in pre-market trading. The discussions highlight TPG's ongoing interest in expanding its telecommunications infrastructure portfolio, particularly in the fiber sector.