February 26, 2018 / 1:17 PM / 3 months ago

Cloud networking company GTT to acquire Interoute in $2.3 bln deal

Feb 26 (Reuters) - U.S. cloud networking company GTT Communications Inc said on Monday it would buy European peer Interoute in an all-cash deal valued at about 1.9 billion euros, or $2.3 billion.

GTT said it will fund the deal with a combination of debt and equity, and that it expects to close the deal in three to six months. (Reporting by Munsif Vengattil in Bengaluru; Editing by Savio D’Souza)

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