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3i Infrastructure to buy 60% stake in DNS:NET for 182 mln euros

April 1 (Reuters) - UK-listed investment company 3i Infrastructure said on Thursday it has agreed to invest 182 million euros ($213.23 million) for a 60% stake in German telecommunications provider DNS:NET.

3i Infrastructure, which is buying the stake from private equity fund Deutsche Beteiligungs AG, said it will also provide additional funding for the future growth of the business.

The deal is expected to be completed in June 2021.

$1 = 0.8535 euros Reporting by Vishwadha Chander in Bengaluru; Editing by Shailesh Kuber

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