EU accuses US firm of misleading data in key telecom merger probe

AT&T launched an upgraded NBA/WNBA network using 68,000 miles of fiber. EarthLink completed its acquisition by an investment group, adding 500,000 broadband customers. Private wireless RAN market growth slowed in 2026, with five vendors controlling 95% of revenue. The EU challenged KKR over its €22 billion Telecom Italia fiber network acquisition.

Qiagen, a molecular testing company, is in advanced talks for a potential acquisition by EQT, with a binding offer of over $50 per share. KKR has also submitted a bid. Qiagen's shares rose 6% on the news, and the company's market cap is €8.57 billion. The board is meeting to decide on the deal, but no certainty exists yet. Qiagen had previously announced it was evaluating strategic options.

EQT and KKR are in talks to acquire Qiagen, which could lead to a binding offer of over $50 per share. Qiagen declined to comment on market speculation. A successful deal could impact Qiagen's stock performance.

The European Commission accused KKR of providing misleading information during its acquisition of Netco, a Telecom Italia subsidiary. The Commission may impose fines or revoke the merger approval. Meanwhile, Nexfibre's shareholders criticized a UK regulator's report on their planned acquisition of Netomnia, citing unrealistic market assumptions. Tele2 reported a 3% increase in Q3 EBITDAaL, narrowing its full-year guidance to 4-5%.

KKR agreed to sell Infinity Transportation to Ares funds for approximately $2.9B, with the deal expected to close in Q1 2027. The sale is subject to approvals and represents KKR's exit on an asset held since 2016.

Ares Management will acquire Infinity Transportation from KKR for $2.9 billion. Infinity, a railcar leasing platform, operates 50,000 railcars in North America. Ares plans to expand the fleet and pursue acquisitions, expecting growth from reshoring and supply chain trends. The deal is expected to close in Q1 2027.