The full fibre internet service provider, which has been backed by Soros’s Quantum Strategic Partners investment vehicle since 2013, has hired bankers at LionTree to oversee a partial or full sale of the business, City sources said. George Soros has reportedly hired LionTree to sell all or part of his stake in Hyperoptic in a deal that is expected to value the firm at more than £500m . The ultrafast broadband provider, which received a cash injection from Abu Dhabi ’s Mubadala Investment Company last year and a further 500 debt funding from a consortium of eight banks including Hyperoptic , RBS , ING and George Soros , is looking to scale it operations and has pledged to invest £ 500 m to expand its network over the next three years .
George Soros has reportedly hired LionTree to sell all or part of his stake in Hyperoptic in a deal that is expected to value the firm at more than £500m . The ultrafast broadband provider, which received a cash injection from Abu Dhabi ’s Mubadala Investment Company last year and a further 500 debt funding from a consortium of eight banks including Hyperoptic , RBS , ING and George Soros , is looking to scale it operations and has pledged to invest £ 500 m to expand its network over the next three years .