Axia NetMedia to delist with close of $272 mln acquisition
Swiss private equity firm Partners Group has wrapped up its previously announced acquisition of Axia NetMedia Corp (TSX: AXX), a Calgary-based operator and seller of services over fibre optic infrastructure. As reported by PE Hub Canada, the $272-million deal was one of the ten largest announced or closed in Canada in the first half of 2016. With the close, Axia is expected to discontinue trading on the Toronto Stock Exchange on or about August 2nd. Partners Group said it plans to support and invest in the company's global growth strategy.
29 July 2016•4 mins read
