L&G fund makes first towers acquisition in €669m VodafoneZiggo deal
Legal & General’s Digital Infrastructure Fund joins DigitalBridge and TD Greystone to buy VodafoneZiggo’s Dutch towers for about €669m.
Legal & General’s Digital Infrastructure Fund (LDIF) has joined DigitalBridge Strategic Asset Fund and TD Greystone Infrastructure Fund in a conditional agreement, announced on 8 September, to buy VodafoneZiggo’s Dutch passive mobile infrastructure for approximately €669m. The purchase is LDIF’s first towers acquisition.
Liberty Global values the assets at 16.2x their 2025 EBITDA. Once the deal completes, the towers will…
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