Stibbe advises Interoute

Matter
LU Law

Stibbe Luxembourg advised Interoute on its sale process to GTT Communications.

Interoute is the owner operator of one of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fibre, 15 data centres, 17 Virtual Data Centres and 33 colocation centres, with connections to 195 additional partner Data Centres. Its buyer, GTT Communications, is a multinational telecommunications and internet provider company listed on Nasdaq.

The value of the acquisition amounts to EUR 1.9 bn (USD 2.3bn).