Simpson Thacher is representing Kohlberg Kravis Roberts & Co. (“KKR”) in connection with the proposed acquisition of approximately 1,100 wireless communications towers in Colombia from Tigo Colombia, a subsidiary of Millicom. As part of the transaction, Tigo Colombia and KKR have entered into a long-term agreement whereby KKR will lease wireless communications towers to Tigo Colombia to support its wireless networks.
KKR is making this investment through its KKR Global Infrastructure Investors IV fund, supported by NEXO LatAm, a digital infrastructure platform supporting the implementation of KKR’s infrastructure strategy throughout Latin America.
The Simpson Thacher team includes Juan M. Naveira, M. Breen Haire, Jon Vicuña and Isaac Cattan (M&A); Brian Steinhardt, Robert Meyer, Austin Vance and Elizabeth Greene (Credit); William Smolinski and Nancy Mehlman (Tax); and Étienne Renaudeau and Pauline Patat (Antitrust).