Today, it was announced that UK based and AIM-listed CityFibre (ticker "CITY") is to be acquired by a newly established company backed by Antin Infrastructure Partners and West Street Global Infrastructure Partners; the later is one of a series of funds managed by Goldman Sachs within its Merchant Banking Division. The cash offer values CityFibre to approx. GBP 540m, a premium of 92% compared to yesterday's close price. CityFibre is not directly a comparable company to Hexatronic, but we believe the deal is a clear signal of the coming fiber market ramp up.