Astound Broadband

Stonepeak acquires US operator Astound for US$8.1 billion

Private equity firm Stonepeak has announced a deal to buy US cable TV and ISP Astound Broadband for US$8.1 billion. The company will buy the operator from TPG Capital and Patriot Media Management, with the deal including US$4.5 billion of debt. The deal is expected to close in Q2 2021. Astound is the sixth largest […]