TPG (TPG) is in advanced talks to buy Crown Castle’s (CCI) fiber business for approximately $8B, Bloomberg’s Michelle Davis and Gillian Tan report, citing people familiar with the matter. A deal for the fiber and wireless assets could be announced within weeks, said the people, who asked to not be identified because the talks are private. No final decision has been made and discussions could fall through or another buyer could emerge, the people added. Representatives for TPG and Crown Castle declined to comment, the authors noted.
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