ACT investors may consider dividend recap

By Ranjani Raghavan

  • 31 Jan 2023
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Credit: Thinkstock

Private equity firms True North and TA Associates are exploring a dividend recapitalization deal that may unlock $250-300 million from their investment in broadband service provider Atria Convergence Technologies Ltd (ACT), three people familiar with the development said. Dividend recapitalization allows a firm to raise debt and use the proceeds to ......

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