UPDATE 1-Macquarie-led group pays $1.6 bln for Crown Castle wireless towers

May 15, 2015 12:24 AM

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SYDNEY May 15 (Reuters) - Macquarie Group Ltd, Australia's top investment bank, said it jointly bought the country's largest owner of mobile telephone towers from a business owned by U.S. wireless infrastructre giant Crown Castle International Corp.

The Macquarie Infrastructure and Real Assets fund joined local pension fund Unisuper and a UBS AG fund to buy Crown Castle Australia Holdings Pty Ltd, the company said, without disclosing a price.

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