GTT have completed their acquisition of Hibernia Networks. This deal was announced last year, for $590mn. The acquisition delivers the following assets: Five subsea cables, including Hibernia Express, the lowest…
GTT to buy Hibernia Networks
GTT are to buy Hibernia Networks from Columbia Ventures Corporation for $590mn. This is made up of $515 million in cash and approximately 3.3 million shares of GTT common stock.…