CVC Capital acquires telecom tower firm in Myanmar's second biggest deal

CVC Capital acquires telecom tower firm in Myanmar's second biggest deal

Sule Pagoda Road, Yangon, Myanmar. Photo: Arkar Phyo/Unsplash

CVC Capital Partners has agreed to buy Myanmar’s largest telecom tower company in a deal that sources said was valued at about $700 million and which marks the global buyout firm‘s first foray into the Southeast Asian country.