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American Tower to Acquire Eaton Towers in $1.85 Billion Deal
- Client News
- May 30, 2019
Paul, Weiss is representing American Tower Corporation in its $1.85 billion acquisition of Eaton Towers Holdings Limited, which owns and operates approximately 5,400 communications sites across five African markets (Ghana, Kenya, Uganda, Niger and Burkina Faso). As a result of the transaction, American Tower also expects to accelerate new build activity across the region due to expanded relationships with multiple key tenants. American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 170,000 communications sites.
The Paul, Weiss team includes corporate partner Bruce Gutenplan and counsel David Harris; real estate partner Mitchell Berg; litigation counsel Peter Jaffe and Rachel Fiorill; and antitrust counsel Marta Kelly.