InterXion Holding N.V. (NYSE:INXN) entered into an agreement to acquire 30% stake in Icolo Ltd. on December 19, 2019. As part of the transaction InterXion entered into a strategic partnership with Pembani Remgro Infrastructure Fund, which will invest in Icolo and will collaborate and co-invest with Interxion on expansion initiatives across the African continent. Post transaction, Interxion will own approximately 70% of Icolo’s common shares with the remaining shares held by PRIF and Icolo management. The transaction is expected to close in first quarter of 2020. InterXion Holding N.V. (NYSE:INXN) cancelled the acquisition of 30% stake in Icolo Ltd. on December 19, 2020.