Macquarie Asset Management has made a bid for Axiata Group’s Edotco, valuing the tower company at around $3.5 billion. Axiata, which owns 63% of Edotco, is evaluating the offer amid ongoing talks.
A bidding war erupted over the fire sale of Casa Systems’ cable business, with CommScope emerging as the surprise victor. The final price tag of $45.1 million far outstripped initial expectations, highlighting the strategic value of Casa’s assets.
