Crown Castle International Corp. (NYSE: CCI) has agreed to acquire the rights to approximately 7,200 towers from T-Mobile USA Inc., a unit of Deutsche Telekom AG, for $2.4 billion in cash.Www.crowncastle.com
The Blackstone Group has agreed to acquire the investment management business of Capital Trust Inc. (NYSE: CT) for $20 million. The unit will be merged into Blackstone’s real estate debt strategies business. Www.blackstone.com
BlackRock Inc. Has acquired a stake in the Moscow Exchange from the Russia Direct Investment Fund, according to Bloomberg. No details on the deal size, except that RDIF holds a 2.7% stake in the exchange. Www.blackrock.com
Apax Partners is seeking a buyer for its 10% stake in Indian hospital chain Apollo Hospitals Enterprise Ltd., according to Reuters. The deal could be valued at more than $250 million, with possible bidders including fellow Apollo shareholder Khazanah Nasional Bhd (Malaysia). Www.apax.com
Keyes Packaging Group, a portfolio company of Tricor Pacific Capital, has sold its Interplast Packaging unit to New Zealand’s Pactiv for an undisclosed amount. Interplast is a Canadian maker of recycled PET egg cartons used in the packaging of specialty eggs. Www.interplast.net
The Hartford (NYSE: HIG) has agreed to sell its individual life insurance business to Prudential Financial Inc. (NYSE: PRU) for $615 million in cash. Www.thehartford.com
Medtronic Inc. (NYSE: MDT) has agreed to acquire Chinese orthopedic device maker China Kanghui Holdings (NYSE: KH) for $816 million in cash ($755m net of cash on hand), or $30.75 per KH share.Www.medtronic.com
Sony has agreed to invest $645 million into Olympus, becoming the scandal-plagued company’s largest shareholder with an 11.5% stake. The deal is at a 4% discount to today’s closing price for Olympus shares. Www.sony.com
